Loading ...March 25 – Bloomberg (Bill Austin): “Investors withdrew from equity and fixed income mutual funds in the week ended March 18 for the third straight week of outflows, according to the Investment Company Institute. Outflows totaled $135 billion, compared with $27.9 billion the prior week. Investors withdrew $175.5 billion from mutual funds year-to-date.”
March 26 – Bloomberg (Andy Kostic and Olivia Raimonde): “U.S. corporate investment-grade funds reported a record $38 billion outflow, extending an unprecedented rout as investors flee for havens assets amid the global market meltdown. That exceeds the prior record of $35.6 billion set just last week as the selloff from the spreading coronavirus intensified.”