Investors took $171 billion from mutual funds in Q3

01/15/2012 |

Global investors withdrew $171 billion from mutual funds during the third quarter of 2011, the Investment Company Institute reported. Equity funds accounted for $109 billion in net outflows, while balanced/mixed funds and money market funds lost $20 billion and $63 billion respectively. Meanwhile, bond funds had net inflows of $10 billion during the quarter.

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