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Big Withdrawals From High Yield Bond ETFs Wipe Out Small Mutual Fund Inflows

TedTed
in The Bullpen
FYI: Retail-cash flows turned negative for the first time in five weeks, with a net $281 million redemption in the week ended Nov. 19, according to Lipper. However, that figure is tied to a large withdrawal of $349 million from exchange-traded funds wiping out a small inflow of $68 million to mutual funds.
Regards,
Ted
http://www.forbes.com/sites/spleverage/2014/11/20/big-withdrawals-from-high-yield-bond-etfs-wipe-out-small-mutual-fund-inflows/print/
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