DWT - APs Put Risk On While Fund Investors Remain Risk Averse In September

Photo Source: REUTERS/Brendan McDermid. A Wall St. street sign is seen near the New York Stock Exchange, September 17, 2019.

For the fifth month in a row, investors were net purchasers of mutual fund assets, injecting $57.1 billion into the conventional funds business (excluding ETFs, which are reviewed in the section below) for September. However, the headline number was once again misleading. While investors pushed the broad-based indices higher, fund investors remained risk averse as geopolitical and trade concerns, an impeachment inquiry, and mixed economic news left them on the sidelines. For the eighth month

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