FYI: For the first week in four, investors were overall net redeemers of fund assets (including those of conventional funds and ETFs), withdrawing $24.1 billion for Lipper’s fund-flows week ended March 20, 2019. However, the headline numbers are slightly misleading. Fund investors were net purchasers of taxable fixed income funds (+$6.6 billion), equity funds (+$3.6 billion), and municipal bond funds (+$1.4 billion), while being net redeemers of money market funds (-$35.7 billion, their largest weekly net outflows since June 20, 2018).
Regards,
Ted A.K.A. Night Owl
https://lipperalpha.refinitiv.com/2019/03/u-s-weekly-fundflows-insight-report-fund-investors-inject-net-new-money-into-long-term-assets-for-the-week/?utm_source=Eloqua&utm_medium=email&utm_campaign=00008DM_NewsletterLipperAlphaInsightFundInsightsWeekly_Other&utm_content=Newsletter_FundsWeekly_25Mar2019&elqTrackId=042192c816f64d6e87e944fc87939d80&elq=40f151c7b4414151aa009eab652535fb&elqaid=44311&elqat=1&elqCampaignId=166