FRC Drops Closely Watched Sales Figures

Financial Research Corp., a primary go-to source when it comes to mutual fund sales figures by firm, will no longer publish the data, according to today's Wall Street Journal.

The outflows are too sickening, according to the paper. "The decision shuts the door to the news media and other fund observers who want to know how fund sales are doing," according to the "Fund Track" column.

The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.

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