MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, November 7, 2008 Fund Flows Finally Swing Positive The final week leading up to the presidential election brought investors back to equity-based mutual funds. CNNMoney.com's Kenneth Musante reports that, according to TrimTabs' data, equity fund in-flows were $2.2 billion for the week that ended Wednesday, a positive shift for the first time since July 23. Will that trend continue, though, in the wake of Wednesday and Thursday's losses? TrimTabs CEO Conrad Gann isn't sure. "Retail investors don't have the best timing," Gann told CNNMoney. "They basically got burned over the last few days." Printed from: MFWire.com/story.asp?s=19843 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |