U.S.-based stock funds post $3 bln outflows in latest week -ICI
November 26, 2014 at 12:01 PM EST
By Sam Forgione NEW YORK, Nov 26 (Reuters) - Investors in U.S.-based mutual funds pulled over $3 billion out of stock funds in the week ended Nov. 19 on global growth concerns, data from the Investment Company Institute showed on Wednesday. The outflows were the biggest in five weeks and came after inflows of $1.5 billion the prior week, data from ICI, a U.S. mutual fund trade organization, showed. Investors withdrew $3.6 billion from U.S.-focused stock funds, while funds that mainly ho