US Equity Funds Post Highest Weekly Outflow Since September: Lipper By Reuters

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(Reuters) – US-based equity funds in the week ending Wednesday lost $ 12.4 billion, the biggest outflow since September, according to Lipper. U.S. taxable bond funds attracted $ 12 billion, which was the largest weekly inflow since October, while money market funds dumped $ 12.7 billion, marking the largest exit in seven weeks, data from Lipper on Thursday. United States municipal bond funds attracted $ 1.6 billion, the thirteenth consecutive weekly income.

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