For the eleventh consecutive week, investors were overall net purchasers of fund assets (including those of conventional funds and ETFs), injecting $28.7 billion for Lipper’s fund-flows week ended May 13, 2020. Fund investors were net purchasers of money market funds (+$20.3 billion), taxable fixed income funds (+$10.4 billion), and municipal bond funds (+$582 million), while being net redeemers of equity funds (-$2.5 billion) this week. Tom Roseen highlights the weekly flows trends for both conventional funds and ETFs in this video series.
