$19 billion yanked from stock funds in latest week By Craig Tolliver
Stock mutual funds have seen nine straight weeks of outflows with investors yanking another $19 billion in the latest week, according to Trim Tabs. Equity funds that invest primarily in U.S. stocks had outflows of $18.4 billion, compared with outflows of $5.9 billion the week before. International equity had outflows of $900 million, vs. outflows of $400 million the prior week. The Santa Rosa, Calif.-based fund analyst tracks the daily flows of ninety fund families, representing about 15 percent of all equity fund assets, to arrive at weekly flow estimates.