Investors Avoid Equity Mutual Funds

By on November 9, 2009

Mark Hulbert reports that, despite the huge rally in the stock market, investors haven’t increased their inflows to equity funds to the same degree as in the past.

From the market’s March 9 low through the 2009 high on Oct. 19 — while the broad market averages rose by nearly 70 percent — there was a net inflow of just $7.8 billion into domestic equity funds, according to TrimTabs Investment Research of Sausalito, Calif. Conrad Gann, the firm’s president and chief operating officer, said, “If this had been a normal market environment, we would have expected a net inflow of at least $150 billion.”

Source:

http://www.nytimes.com/2009/11/08/business/economy/08stra.html
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