Lipper’s fund asset groups (including both mutual funds and exchange-traded funds) had net inflows of $21.1 billion for the fund-flows trading week ended Wednesday, August 14. All four fund asset groups had positive net flows for the week paced by money market funds which took in net new money of $10.6 billion. The remainder of the groups all had relatively strong net inflows as taxable bond funds, equity funds, and municipal bond funds grew their coffers by $5.8 billion, $3.1 billion, and $1.6 billion, respectively.
Pat Keon, a senior research analyst with Lipper, speaks to the highlights in this week's video.