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Investors held onto equities through crisis
05 March 2010
Most mutual fund investors did not abandon stocks during the market decline of 2008-09, according to Vanguard
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[Vanguard]
[mutual fund investors]
Most mutual fund investors did not abandon stocks during the market decline of 2008-09, according to new research published by Vanguard, a US funds group. In separate research, Vanguard found that most mutual fund investors have not been eager to add to their equity positions during the subsequent rebound, unlike in previous recoveries.
In Equity Abandonment in 2008-2009: Lower Among Balanced Fund Investors, Vanguard researchers found that only a very small percentage of equity...
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