ETF Redemptions Highest Since 2008: Report
September 13, 2011 at 15:03 PM EDT
Global exchange traded fund redemptions were above a three year high last week as investors funneled billions out of U.S. equities markets. A total of $15 billion worth of redemptions were made in equities-based ETFs, with around $10 billion in the SPDR S&P 500 ETF (NYSEArca: SPY), reports...
