Thomson Reuters Lipper’s fund macro-groups (including both mutual funds and ETFs) experienced net-negative flows of $9.8 billion for the fund-flows week ended Wednesday, September 20. All the weekly net outflows were attributable to money market funds (-$18.2 billion); every other fund macro-group took in net new money. Taxable bond funds (+$7.0 billion) were responsible for the lion’s share of the net-positive flows, while equity funds and municipal bond funds contributed $803 million and $574 million, respectively, to the total net inflows.
Pat Keon, Thomson Reuters Lipper Senior Research Analyst, speaks to the highlights in this week's video.
