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Rating:Fund Flows Regaining Strength Not Rated 4.0 Email Routing List Email & Route  Print Print
Thursday, May 21, 2009

Fund Flows Regaining Strength

by: Sean Hanna, Editor in Chief

There is good news for mutual funds distribution teams; absent the branded Fund Track column, the Wall Street Journal reports that long-term mutual funds saw net inflows for the ninth week in a row for the week ended May 13. The figures come from the ICI's regular report.

Equity fund net inflows more than doubled to $6.62 billion from $2.99 billion the week prior. Roughly $4.77 billion of the net inflows were directed at U.S. equities funds compared to $1.85 billion for non-U.S. equity funds. Meanwhile, fixed-income funds outpulled equity funds, taking in $8.66 billion in net flows. That is a drop from $10.36 billion the week prior. 

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