Inflows rebounded this week across the board, mostly, though outflows increased from non-ETF equity funds, according to the latest data from the
Lipper team at
Refinitiv.
| Jack Fischer Refinitiv Lipper Senior Research Analyst | |
In the
U.S. Weekly FundFlows Insight Report for the week ended August 11,
Jack Fischer, senior research analyst at Refinitiv Lipper, reveals that $24.7 billion net flowed into mutual funds and ETFs in the U.S. this week. That's the industry's third week in a row of inflows, and it's up from $2.1 billion in net inflows
last week.
Money market funds swung back into positive territory this week with $10.5 billion in net inflows (up from $1.4 billion in net outflows last week). Fixed income funds brought in $10.1 billion in net inflows (up from $1.5 billion), and equity funds brought in $4.2 billion in net inflows (up from $2 billion).
Equity ETFs brought in $6 billion in net inflows this week, their third week in a row of inflows and more than double their $2.8 billion from last week. Yet conventional (i.e. non-ETF) equity mutual funds suffered $1.9 billion in net outflows this week, their 19th week of net outflows in the last 21 and an increase from $814 million last week. Within conventional equity funds, domestic funds suffered $4 billion in net outflows (their 59th weekly outflows in 61 weeks, down from $4.3 billion last week), while international funds brought in $2.6 billion in net inflows (their sixth week in a row of inflows, down from $3.5 billion).
On the fixed income side, ETFs brought in $4.9 billion in net inflows this week for their 12 weekly inflows in 14 weeks (and up nearly eight-fold from $616 million last week). Conventional fixed income funds brought in $3.3 billion in net inflows (their 10th weekly inflows in 12 weeks and more than triple their $926 million from last week). 
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