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Lipper: Financial Services Funds Continue To Suffer Net Outflows

TedTed
in The Bullpen
FYI: After experiencing their worst quarterly net outflows ever in Q4 2018 (-$10.1 billion), financial services funds have continued to shed assets in 2019. The group’s net negative flows in Q1 (-$4.2 billion) were the third largest in their history, and the trend has continued in Q2 as they saw $728 million in assets leave their coffers during the first week of trading. Heading into Q2, financial services funds have experienced four straight quarters of net negative flows, for total net outflows of $16.6 billion.
Regards,
Ted
https://lipperalpha.refinitiv.com/2019/04/financial-services-funds-continue-to-suffer-net-outflows/?utm_source=Eloqua&utm_medium=email&utm_campaign=00008DM_NewsletterLipperAlphaInsightFundInsightsWeekly_Other&utm_content=Newsletter_FundsWeekly_8Apr2019&elqTrackId=f50796846121476e9291b68dcff097fa&elq=6b1a3963ddce4890b6564f7246881d71&elqaid=45070&elqat=1&elqCampaignId=166
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