Thursday, April 5, 2012

US equity, money market funds extend outflows-Lipper

NEW YORK, April 5 (Reuters) - U.S. equity funds on Thursday
posted outflows for a second consecutive week as redemptions
from institutional investors accelerated on resurgent concerns
about the euro zone debt market, data from Thomson Reuters'
Lipper showed.
U.S.-domiciled equity funds had $1.34 billion in outflows
during the week ended Wednesday, April 4, about half the $2.65
billion lost in the previous period.
This week, however, institutional investors appeared to be
driving outflo

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