For the third consecutive week investors were net purchasers of overall fund assets (including those of conventional funds and ETFs), injecting $20.5 billion for Thomson Reuters Lipper’s fund-flows week ended August 8, 2018. But, despite continued strong corporate earnings and a fair nonfarm-payrolls report during the week, fund investors were net redeemers of equity funds (-$962 million), while they padded the coffers of money market funds (+$16.6 billion), taxable bond funds (+$4.2 billion net), and municipal bond funds (+$623 million net). Tom Roseen highlights the weekly flows trends for both conventional funds and ETFs in this video series.
