Moomin Valley (formerly Troll-free Zone) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Moomin Valley (formerly Troll-free Zone)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Moominoid who wrote (1316)	4/26/2006 4:24:39 PM
From: RealMuLan	Read Replies (1) of 2852

[Do you remember what was the fund flow right before Year 2000 crash?]--U.S. stock funds took in $34 bln in March-Lipper Tue Apr 25, 2006 10:38 AM ET NEW YORK, April 25 (Reuters) - Investors added a net $34 billion to U.S.-based stock funds last month, making it the best March on record, according to an estimate by fund research firm Lipper Inc. The monthly activity in stock funds was only the second time in more than 20 years that March has seen stronger flows than February. The March pace was also above that of January, which is typically boosted by seasonal factors. The activity boosted net flows into stock funds for the first quarter of 2006 to about $94 billion, the second best for any quarter. The best quarterly flows occurred in the first quarter of 2000, when $113.4 billion came in, Lipper said. Lipper senior research analyst Don Cassidy said in the report that the strong activity may have been driven by two factors. One factor is interest in investment for retirement on the part of the baby boomers and the other is the rally in the U.S. stock market since since October. "While it is impossible to quantify the separate causes, our sense is that some elements of both forces are at play," Cassidy said in the report. Lipper also said that flows last month were strong for funds investing in domestic stocks, but flows into funds investing in world stocks also remained strong. Bond funds took in a net $4.6 billion in March, which was below the February pace, Lipper said. Money market funds had an outflow of $7.2 billion for the month. today.reuters.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next