NU Online News Service, March 2, 2004, 2:05 p.m. EST – Cash poured into stock and bond funds in January.[@@]
The funds attracted $46 billion more cash in January than they lost, up from a net inflow of $15 billion in January 2003, according to the Financial Research Corp., Boston.
Domestic stock funds led with a net inflow of about $32 billion, up from a net outflow of $2.5 billion in January 2003. Net inflow increased to $13.4 billion, from $1.8 billion, at international-global funds.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.