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Actively managed funds nursing withdrawals despite US market's bull run

40638911 - 22_11_2016 - US-DOW-CLIMBS-OVER-19,000-FOR-FIRST-TIME-AS-STOCK-RALLY-CONTINUE.jpg

New York

FINANCIAL pundits shouted about record high levels for the stock market in 2016, but for actively managed stock mutual funds there was another record, one they would rather keep quiet: the largest amount of net withdrawals ever recorded.

Benchmark equity indexes hit fresh

sentifi.com

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