Thomson Reuters Lipper’s fund asset groups (including both mutual funds and ETFs) had net-positive flows of $2.5 billion for the fund-flows week ended Wednesday, May 2. The week’s net inflows followed the prior week’s $8.0 billion increase and were paced by the equity funds asset group (+$1.1 billion), followed by taxable bond funds (+$916 million) and money market funds (+$845 million). The municipal bond funds group (-$345 million) was the only one seeing its coffers shrink.
Pat Keon, Thomson Reuters Lipper Senior Research Analyst, speaks to the highlights in this week's video.
