US-based stock mutual funds reap $4.13 bln, extending gains -Lipper
February 07, 2013 at 21:21 PM EST
By Sam Forgione NEW YORK, Jan 7 (Reuters) - Investors in U.S.-based funds poured $4.13 billion into stock mutual funds, the fifth straight week of commitments from retail investors as zeal for stocks pushed into February, data from Thomson Reuters' Lipper service showed on Thursday. The latest gains for the week ended Feb. 6 mark the strongest five-week run into stock mutual funds since April of 2000. The funds have pulled in $24.9 billion over that period. "The party continued," sa