Investors pluck near money of 2016 from U.S. nonexempt chemical bond cash in hand -Lipper

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Investors extract all but money of 2016 from U.S. taxable hold fast cash in hand -Lipper
By Reuters

Published: 23:08 BST, 16 June 2016 | Updated: 23:08 BST, 16 June 2016









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NEW YORK, June 16 (Reuters) - Investors pulled $3.1 billion from U.S.-founded nonexempt chemical bond funds in the workweek that ended June 15, info Lipper information showed on Thursday, delivering funds that consume been pop this twelvemonth their largest withdrawals since December.

Stock pecuniary resource also sank, with investors pull $3.4 zillion from those enrolled in the Combined States, the information showed, adding to a selloff of the pecuniary resource that has lasted nigh of this year. Investors withdrew $13.6 jillion from comparatively low-danger money-grocery pecuniary resource. (Reportage by Trevor Hunnicutt; Editing by Leslie Adler)