Stock, High-Yield Bond ETFs See Outflows as Market Fades
Posted on November 16, 2012 at 09:33 AM EST
Investors reacted to the recent market downturn by pulling cash from ETFs tracking stocks and high-yield bonds, according to the latest flow data. Equity ETFs saw outflows of $1.7 billion for the week ended Nov. 14 amid worries over the U.S. fiscal cliff, tax increases and spending cuts, Reuters...