Lipper’s fund asset groups (including both mutual funds and exchange-traded funds) recorded net inflows of slightly more than $5.0 billion for the fund-flows trading week ended Wednesday, October 16. This was the seventh straight net positive flow for the fund groups, as taxable bond funds (+$6.3 billion), equity funds (+$3.1 billion), and municipal bond funds (+$1.2 billion) all were on the plus side for the week. In a reversal of fortune, and after six consecutive net inflows, money market funds saw $5.6 billion leave their coffers this week.
Pat Keon, CFA speaks to the highlights in this week's video.
