US-based stock fund gains fall to $740 mln amid Cyprus fears-Lipper
March 28, 2013 at 19:41 PM EDT
By Sam Forgione NEW YORK, March 28 (Reuters) - Investors put a net $740 million into U.S.-based stock funds in the latest week, less than half the prior week's inflows, as worries over Cyprus's bailout limited stock market gains, data from Thomson Reuters' Lipper service showed on Thursday. The demand for stock funds fell to a four-week low as investors pulled $1.4 billion from international stock exchange-traded funds, or ETFs, in the week ended March 27. "There were some continu