Lipper’s fund asset groups (including both mutual funds and exchange-traded funds) took in approximately $19.6 billion of net new money for the fund-flows trading week ended December 31. This result represents the fifth overall net inflow in the last six weeks for funds. Money market funds paced this week’s net inflows (+$21.3 billion), while municipal bond funds contributed $281 million to the overall net positive flows. Equity funds (-$1.3 billion) and taxable bonds funds (-$699 million) both had net-negative flows for the week.
Pat Keon, CFA speaks to the highlights in this week's video.
