Record number of investors cash in equity fund holdings
Record numbers of investors cashed in their stockmarket holdings in November – the latest sign that the credit crunch is denting consumer confidence.
Some £600m was withdrawn from equity funds last month. This is the first net outflow of funds from retail investment products recorded in 25 years.
http://www.guardian.co.uk/business/2007/dec/22/creditcrunch.marketturmoil
