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, July 19, 2013 Bernanke Dithers, Bond Fund Investors Flee Despite Fed Chairman Ben Bernanke's testimony before Congress, investors are still plenty anxiety-ridden, WSJ reporter Mike Cherney writes. Cherney quoted David Tiberii overseer of T. Rowe Price [profile] Corporate Income Fund, who said he is seeing year-to-date negative returns. "For retail investors that's concerning. And generally what we see is retail investors following returns," Tiberii said in the WSJ story. Weekly reporting investment-grade corporate bond funds lost $2.32 billion in the week that ended June 26. Investors brought in more than $1.1 billion in the week following, Cherney writes. To read more, click here. Printed from: MFWire.com/story.asp?s=45006 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |