Lipper’s fund asset groups (including both mutual funds and ETFs) saw $6.2 billion net leave their coffers for the fund-flows week ended Wednesday, October 31. The net outflows were attributable to taxable fixed income funds (-$7.5 billion) and municipal bond funds (-$1.3 billion). The equity funds (+$2.4 billion) and money market funds (+$176 million) asset groups both took in net new money.
Pat Keon, Lipper Senior Research Analyst, speaks to the highlights in this week's video.
