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U.S.-based taxable bond funds see record inflows over week-Lipper
February 5, 2015 / 9:49 PM / 3 years ago

U.S.-based taxable bond funds see record inflows over week-Lipper

NEW YORK, Feb 5 (Reuters) - Investors in U.S.-based funds added a record $13.7 billion in net new cash to taxable bond funds in the week ended Feb, 4, data from Thomson Reuters' Lipper service showed on Thursday.

In contrast, U.S.-based stock funds saw net outflows of $7.1 billion.

Exchange-traded funds, thought to represent the behavior of institutional investors, saw $5.66 billion in net outflows. Mutual funds, thought to represent retail investors, posted $1.478 billion in withdrawals.

Reporting by Luciana Lopez; Editing by Alan Crosby

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