Investors pick ETFs, hedge funds over stock funds
Sept. 7, 2016
[THE INVESTOR] Investors are favoring alternative vehicles such as exchange-traded funds and hedge funds over stock funds, according to industry data.South Korea’s stock funds, excluding exchange-traded funds, have continued to record net outflows for nearly four weeks, losing more than 2 trillion won (US$1.82 billion), data shows. Net redemptions totaled 2.23 trillion won for 26 consecutive trading days from July 29-Sept. 5 in the longest losing streak since 2013, when a total of 7.3 trillion w