The Passive Aggressive Investor

From - Advisor Perspectives
February 4, 2013 - 11:44pm

Feb 05, 2013 Eric Schaefer  It seems to be becoming old news: investors once again withdrew money from equity and mixed asset (viz., balanced, target date and asset allocation among other categories) funds in December. Lipper reports net outflows for the group totaled $13.1 Billion in December. Domestic equity funds shed $16.9 Billion in assets during the month (the twentieth straight month of redemptions for the group).... So the obvious question is, Are we witnessing the death knell of the cult of equity in the United States?More...

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