Reuters logo
US-based loan funds gain $1.5 bln record inflow -Bank of America
April 12, 2013 / 2:11 PM / 4 years ago

US-based loan funds gain $1.5 bln record inflow -Bank of America

NEW YORK, April 12 (Reuters) - Investors worldwide poured $1.5 billion into corporate loan funds based in the United States in the week ended April 10, a weekly record according to Bank of America Merrill Lynch.

Bank of America Merrill Lynch, citing figures from fund-tracking firm EPFR Global, also said on Friday that U.S.-based loan funds’ assets under management have grown by 23.5 percent, or $18 billion, so far this year.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below