Shaken by high unemployment, market volatility and ongoing concerns about a recurring worldwide recession, U.S. investors have entrusted only a projected $80 billion to stock and bond funds in 2011, Strategic Insight reported Monday.
This is down 67% from the $246 billion in net inflows to U.S. stock and bond funds in 2010 and 78% less than the $374 billion in flows in 2009. The data is based on long-term, traditional mutual funds and is exclusive of exchange-traded funds and variable annuity sub-accounts.
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