Lipper’s fund asset groups (including both mutual funds and ETFs) took in $13.7 billion of net new money for the fund-flows week ended Wednesday, November 14. The net inflows were driven by money market funds (+$12.4 billion) and equity funds (+$2.7 billion), while taxable fixed income funds (-$1.2 billion) and municipal bond funds (-$131 million) both saw net money leave.
Pat Keon, Lipper Senior Research Analyst, speaks to the highlights in this week's video.