• What you need to know on Wall Street today

    4 monthes ago - By Business Insider

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    Mutual funds are bleeding cash at an unprecedented rate, warns Moody's
    It's not getting any easier for stock pickers to hold on to their clients.
    According to Moody's, investors have pulled cash from actively managed equity mutual funds in the US at the fastest year-to-date pace on record. The funds lost $129.11 billion of investor dollars from January to July, up from $99.88 billion a year earlier, data compiled by...
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