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FRC: Fund Inflow Slows

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NU Online News Service, May 27, 2004, 3:02 p.m. EDT – The flow of cash into U.S. stock and bond mutual funds slowed in April.[@@]

The net flow of cash into the funds fell to $26 billion, down from $29 billion in April 2003, according to Financial Research Corp., Boston.

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Domestic equity funds led with a positive net flow of $22.5 billion, up from $15.2 billion in April 2003. Net inflow at international funds increased to $8.7 billion, from $3.7 billion.