each have reason to hail the most recent monthly sales stats from Financial Research Corp
. According to the Boston-based fund tracker, American Funds surpassed Vanguard
in April to become the top manager of stock- and bond-fund assets with $864.3 billion, writes Dow Jones
Meanwhile, driven by a rush on four closing funds, Fidelity
ís sales hit $5.8 billion for the month, marking the biggest single month for the firm in a decade. Bloomberg
reports on that piece of FRC info.
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