Thomson Reuters Lipper’s fund asset groups (including both mutual funds and ETFs) had net inflows of $403 million for the fund-flows week ended Wednesday, August 1. Equity funds (+$2.1 billion) accounted for the lion’s share of the net-positive flows, while money market funds contributed $344 million to the total. Fixed income funds did not fare as well; both taxable bond funds (-$1.6 billion) and municipal bond funds (-$368 million) both saw net money leave their coffers.
Pat Keon, Thomson Reuters Lipper Senior Research Analyst, speaks to the highlights in this week's video.
