Stock Funds Suffer Biggest Outflow Since 2011; Hedge Funds Most Since 2009
October 27, 2016 at 02:42 AM EDT
U.S. based stock mutual funds reported the largest outflows in five years, based on ICI data. $16.9 billion was pulled from stock mutual funds in the seven days through Oct. 19, more than in any other week since August 2011.
