Investors once again retreated from equity mutual funds just one week after giving them a warm response. According to statistics released today by the Investment Company Institute, investors pulled $484 million from stock funds over the past week, a reversal from the previous week when investors sent $1.42 billion their way. 

U.S. equity funds received the full brunt of the drubbing and then some, losing $804 million for the week ended Wednesday, January 18. Foreign equity funds, in contrast, posted estimated inflows of $320 million, still less than half the $684 million they attracted the week before.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.