Sun, 14 Jul 2013
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As yields rose, both taxable- and municipal- bond funds saw record monthly redemptions in absolute terms in June.
May flows data show investors are putting money to work in nontraditional fixed-income holdings, as well as emerging-markets equities, for perceived better returns.
The Vanguard founder offers his thoughts on the need for money fund reform, the dilemmas with retirement planning and savings, the fiduciary duty of fund managers, and much more, in this video exclusive to Premium Members.
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