U.S. fund investors pull record cash from stocks in latest week: Lipper

NEW YORK (Reuters) – Investors slammed U.S.-based stock funds with record withdrawals during the latest week, pulling $46 billion from the products during the seven days ended Dec. 12, Lipper said on Thursday.

Taxable bond funds posted $13.4 billion in withdrawals, the most since December 2015. Relatively low-risk money market funds pulled in $81 billion, also the most on records dating to 1992, the research service’s data showed.

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