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Fund withdrawals top Lehman at $75 bn

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Bloomberg
Last Updated : Jan 20 2013 | 2:34 AM IST

Investors have pulled more money from US equity funds since the end of April than in the five months after the collapse of Lehman Brothers Holdings Inc, adding to the $2.1-trillion rout in American stocks. About $75 billion was withdrawn from funds that focus on shares during the past four months, Bloomberg data from the Investment Company Institute, a Washington-based trade group, and EPFR Global, a research firm in Cambridge.

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First Published: Sep 20 2011 | 12:42 AM IST

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