Updated Thursday, July 10, 2014 as of 9:16 AM ET
Portfolio - Mutual Funds
Mutual Funds Close 2012 on Sour Note
by: Margarida Correia
Wednesday, January 9, 2013

Mutual funds closed 2012 on a decidedly sour note, according to the latest statistics from the Investment Company Institute. For the week ended Jan. 2, 2013, investors pulled an estimated $6.44 billion from funds that invest in long-term instruments, the second largest outflow in 2012. The largest outflow occurred three weeks earlier when investors yanked $6.57 billion from mutual funds.

Get access to this article and thousands more...

All On Wall Street articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, blog discussions, the iPad App, CE Exams, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our daily or weekly e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and growth strategies.

Already Registered?

Honoring the Top Branch Managers of 2013

Current Issue

The June Issue is now online!


Industry Events

August 10, 2014 |

September 9, 2014 |

September 17, 2014 |

Already a subscriber? Log in here