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They can also take out funds more easily and frequently.
Those banks, in turn, may take out funds as needed.
The company says that a software bug created an increase in incomplete Bitcoin transfers, which hackers might have exploited to take out funds.
Investing in commingled vehicles such as bond funds also means that an investor goes along for the ride with many thousands of other investors who add and take out funds based on their own needs, which may not necessarily correspond with yours.
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Intuitively, this is because if the marginal return is not equal between investments, we can always increase the overall return by taking out funds from the smaller return investment and put them into the larger return investment.
Even worse, the government changed the funding formula for distributing central funds to local councils: for example, taking out funding for students and weighting for deprivation.
The Investment Association, a trade body for investment managers, says that a net £2.1 billion was taken out of funds by private investors in November.
In large part this is because banks failed in an uncontrolled manner — largely in panics that led retail depositors to take out their funds.
The number of mortgages taken out to fund house purchases increased in June, according to figures from lenders which suggest that new rules on loans have not dampened the property market.
As evidence of this reputed hatred, market experts point to the low trading volumes on the nation's stock exchanges and the nearly $440 billion that investors have taken out of stock mutual funds since the beginning of 2008.
According to AMG's data for all funds that report results weekly, covering about half the total assets of all mutual funds, $4 billion was taken out of equity funds over all.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com