Thomson Reuters Lipper’s fund macro-groups (including both mutual funds and exchange-traded funds [ETFs]) experienced net outflows of $8.6 billion for the fund-flows week ended Wednesday, April 19. Money market funds were responsible for all the net outflows; they saw over $11.3 billion leave their coffers. The rest of the fund macro-groups all took in net new money, led by taxable bond funds with positive flows of $1.5 billion, while equity funds and municipal bond funds contributed $866 million and $290 million, respectively.
Pat Keon, Thomson Reuters Lipper Senior Research Analyst, speaks to the highlights in this week's video.
Continue reading at Lipper Alpha Insight (Weekly U.S. Fund Flows via YouTube) →