Money market funds attract $25.1 billion inflows after Brexit vote: Lipper
NEW YORK (Reuters) - Low-risk money market funds attracted $25.1 billion in new cash in the week ended June 29 after Britain voted to leave the European Union, data from Thomson Reuters' Lipper service showed on Thursday.
Stock funds posted $6.8 billion in outflows to mark their biggest withdrawals since early May, while taxable bond funds posted $2.6 billion in outflows after raking in $2.5 billion the prior week. Commodities and precious metals funds, as well as funds that specialize in safe-haven U.S. Treasuries, attracted their biggest inflows since February.
(Reporting by Sam Forgione; Editing by James Dalgleish)
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