FYI: Lipper’s fund asset groups (including both mutual funds and ETFs) took in $11.3 billion net for the fund-flows week ended Wednesday, October 10. Money market funds, having net-positive flows of $20.8 billion, moved conversely to the other asset groups. The net outflows among the other asset groups were led by taxable bond funds (-$5.9 billion), with equity funds and municipal bond funds contributing $2.6 billion and $848 million to the total net-negative flows.
Regards,
Ted
