Mutual funds, frequently the favored route for retail investors have seen their greatest net outflows in six months.
Mutual funds, frequently the favored route for retail investors have seen their greatest net outflows in six months. Figures from Thomson Reuters show $1.7 billion net outflows for the week to 2nd July. Analysts are not concerned, suggesting that investors are often cautious entering the second half of the year and with shares at a high many are choosing to take their profits in the short term, while watching how things progress in quarter 3. Read the full story.
