Stock Funds and ETFs Log Highest Monthly Inflow Since 1996
Posted on February 01, 2013 at 09:23 AM EST
Equity mutual funds and ETFs pulled in $34.2 billion of net inflows in January, the highest monthly total since 1996, according to a report. “It’s a good sign,” said Lipper analyst Matthew Lemieux in a Reuters article. “It reinforces the thought that investors in general...