Thomson Reuters Lipper’s fund asset groups (including both mutual funds and ETFs) suffered net outflows of $6.4 billion for the fund-flows week ended Wednesday, April 4. Equity funds (-$11.6 billion) were responsible for the overwhelming majority of the week’s net outflows. It was the group’s third straight week of negative net flows during which time its coffers shrank $35.6 billion. Taxable bond funds (+$3.5 billion) and money market funds (+$1.9 billion) both took in net new money for the week, while municipal debt funds (-$247 million) experienced net outflows.
Pat Keon, Thomson Reuters Lipper Senior Research Analyst, speaks to the highlights in this week's video.
