Stock fund inflows and long-term fund inflows are back, 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 ending August 10, 2022 (i.e. Wednesday),
Jack Fischer, senior research analyst at Refinitiv Lipper, reveals that $8.7 billion net flowed out of mutual funds and ETFs in the U.S. this week. That's the industry's third week of outflows in four weeks, down from $16.7 billion in net outflows
last week. Long-term funds and ETFs brought in $3.2 billion in net inflows this week, up from $2.6 billion in net outflows.
Equity funds led the way with $4.4 billion in net inflows this week, up from $7.5 billion in net outflows last week. And taxable bond funds brought in $3.8 billion in net inflows this week, down from $3.9 billion.
On the flip side, money funds suffered $11.9 billion in net outflows this week, down from $14.1 billion in net outflows last week. And tax-exempt bond funds suffered $4.9 billion in net outflows this week, down from $1.1 billion in net inflows.
Equity ETFs brought in $7.3 billion in net inflows this week. It was their second week of inflows in three weeks, up from $527 million in net outflows last week. The biggest equity ETF winner this week was
SSGA's SPDR S&P 500 (SPY) with $3.7 billion in net inflows.
Conventional (i.e. non-ETF) equity funds suffered $2.9 billion in net outflows this week. That's their 27th week of outflows in a row, down from $7 billion last week.
On the fixed income side, ETFs brought in $4.7 billion in net inflows this week. It was their 15th week of inflows in 17 weeks, up from $3.5 billion last week. The biggest taxable fixed income ETF winner this week was
BlackRock's iShares: 7-10 Treasury Bond ETF (IEF) with $1.3 billion in net inflows.
Conventional taxable fixed income funds suffered $974 million in net outflows this week. It was their 28th week of outflows in 29 weeks, down from $332 million in net inflows last week. And conventional municipal bond funds suffered $220 million in net outflows this week, down from $833 million in net inflows. 
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