For the seventh week in a row, investors were overall net purchasers of fund assets (including those of conventional funds and ETFs), injecting $23.6 billion for Lipper’s fund-flows week ended July 24, 2019. Fund investors were net purchasers of money market funds (+$26.0 billion), taxable fixed income funds (+$4.0 billion), and municipal bond funds (+$2.0 billion, its largest weekly net inflows on record going back to 1992). They were, however, net redeemers of equity funds (-$8.4 billion). Tom Roseen highlights the weekly flows trends for both conventional funds and ETFs in this video series.
