Boosted by shift to equities, American Funds back in black
American Funds had net inflows of $964 million in January, the first month of net inflows since May 2009, according to Lipper Inc.
For the first time in almost four years, investors have deposited more money into American Funds' mutual funds than they pulled out in a single month.
American Funds had net inflows of $964 million in January, the first month of net inflows since May 2009, according to Lipper Inc.
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