Lipper’s fund asset groups (including both mutual funds and ETFs) took in $16.9 billion of net new money for the fund-flows trading week ended Wednesday, July 8. The taxable bond funds group (+$12.6 billion) paced the net inflows while money market funds (+$4.7 billion) and municipal bond funds (+$1.0 billion) also contributed to the overall net positive flows. Equity funds were the only group to suffer net outflows this week, as $1.5 billion left their coffers.
Pat Keon, CFA, speaks to the highlights in this week's video.
