Stock funds had net inflows of $600 million in the week ended Wednesday, a sharp drop from the $4.1 billion stock funds took in during the previous week, according to TrimTabs.com, Dow Jones reports. Domestic stock funds took in $1.2 billion, but international stock funds lost $600 million. The previous week, both domestic and international stock funds had net inflows, of $3.2 billion and $800 million, respectively.

Fixed income mutual funds took in $1.3 billion in the week ended Wednesday, on par with the $1.5 billion they took in the previous week.

__
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.

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.