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Wednesday, May 29, 2013

Balanced Funds Boom

News summary by MFWire's editors

Balanced funds which buy a mix of stocks and bonds are seeing a huge influx of cash, according to data collected by Bloomberg and the Investment Company Institute.

The balanced fund space saw inflows of $35.2 billion from January to April, according to a report, the highest four month total ever.

Specifically mentioned in the article are funds from Holland [profile, Capital Research (American Funds) [profile] and BlackRock [profile].

Check out the original article here

Edited by: Ben Geier


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