After three weeks straight of positive inflows, equity funds suffered net outflows again last week. The ICI
just released its weekly "long-term mutual fund flows" data for the week ended Wednesday, January 28, which reveals total domestic and foreign equity fund net outflows of $2.958 billion.
A net of $334 million flowed out of hybrid (i.e. mixed stock and bond) funds, while bond funds gained $3.177 billion in net inflows. Thus, overall non-money market mutual fund outflows totaled $115 million net last week.
Equity mutual funds had drawn net inflows each week since December 30.
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