Salient to Investors:

  • Thomson Reuters said US junk bond funds had the biggest withdrawal last week since a record withdrawal during the first week of August, bringing the net amount redeemed in 2014 to $15.6 billion.
  • Lipper said leveraged loans had their 12th straight week of outflows, bringing the total for 2014 to $6.9 billion.

Read the full article at http://www.bloomberg.com/news/2014-10-02/investors-pull-2-3-billion-from-junk-bond-funds-lipper.html

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