Sales of equity mutual funds plunged 78% from a year earlier in December, capping a disappointing 1998.
Companies that have been counting on brisk sales of stock funds should watch the situation closely, an industry expert said.
Limited Time Offer
Save $400 off your subscription. Special offer ends April 30, 2017.
14-Day Free Trial
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In