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BlackRock clients pull $13 billion from long term investment funds Below excerpt and title of the article reported by Reuters. (2023, October 13). BlackRock clients pull $13 billion from long term investment funds. Business Standard 'BlackRock Inc. clients pulled a net $13 billion from long-term investment funds, the first outflows since the onset of the pandemic in 2020.' 'The redemptions are a sign that investors have preferred to keep cash on hand in money-market funds or in certain bond strategies while interest rates remain elevated.' To read full article, click here Photo by UCLA Anderson from Flickr Legal Disclaimer: INFYNIT is providing the content here for educational purposes only. All opinions are of the original author and not an opinion of INFYNIT or any of its affiliates. #GlobalNews #BlackRock