UPDATE 1-U.S.-based stock funds post biggest outflows since early January

April 2, 2015 10:21 PM

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(Adds quote from head of research services at Lipper; byline) By Sam Forgione NEW YORK, April 2 (Reuters) - Investors in U.S.-based funds pulled $11.2 billion out of stock funds in the week ended April 1, marking their biggest outflows since early January, data from Thomson Reuters' Lipper service showed on Thursday.

Funds that specialize in U.S. stocks accounted for all of the total outflows with $12.8 billion in withdrawals but that number was offset with inflows from funds which specialize in non-U.S. shares that attracted $1.6 billion in new cash. Tom Roseen, head of research services at Lipper, said institu...

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