ETFs See November Outflows; Gold Fund Adds $3 Billion
December 05, 2011 at 15:56 PM EST
U.S.-listed exchange traded funds and notes posted net outflows of $238 million in November as major equity ETFs saw the biggest redemptions. It was the first time since April that ETFs and ETNs have seen outflows, although they’ve pulled in over $100 billion so far this year. Buying in ETFs...