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[ad_1] However, while assets increased by $74.1 billion, net redemptions rose to $8.7 billion from $8.1 billion in October. Redemptions fell to $551 million from $1.2 billion in October due to a decline in net sales to money market funds. Long-term fund redemptions were broadly flat. Balanced funds continued to lead the way with net … Read moreAsset recovery but mutual fund redemptions continued.
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[ad_1] However, while assets increased by $74.1 billion, net redemptions rose to $8.7 billion from $8.1 billion in October. Redemptions fell to $551 million from $1.2 billion in October due to a decline in net sales to money market funds. Long-term fund redemptions were broadly flat. Balanced funds continued to lead the way with net … Read moreAsset recovery but mutual fund redemptions continued.
| Jobs Vox
[ad_1] (Bloomberg) — Heavy redemptions by retail investors in China are prompting the country’s financial product managers to reduce their bond holdings more than ever before. Some analysts say the time to sell debt is far from over. Managers of domestic mutual funds and wealth management products unloaded 1.3 trillion yuan ($186 billion) of bonds … Read moreChinese funds throw record amount of bonds between redemptions
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[ad_1] This article was written by follow Tom Rosen joined Janus in 1996 as Head of Research Services. He is the editor and author of Lipper’s US Research Studies, Fund Flows Insight Reports and FundIndustry Insight Reports. He is involved in fund analysis and research, and produces monthly and quarterly equity and fixed income FundMarket … Read moreSince March 2020, regular equity funds have suffered the largest net redemptions in November.
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