Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Money Fund Inflows and Long-Term Outflows Fall By Billions Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, May 12, 2023

Money Fund Inflows and Long-Term Outflows Fall By Billions

Reported by Neil Anderson, Managing Editor

Money fund inflows fell by more than $5 billion this week, even as long-term (i.e. non-money market) fund outflows fell by nearly $13 billion, according to the latest data from LSEG's Refinitiv Lipper team.

Jack Fischer
Refinitiv Lipper
Senior Research Analyst
In the U.S. Weekly FundFlows Insight report for the week ending May 10, 2023 (i.e. Wednesday), Jack Fischer, senior research analyst at Refinitiv Lipper, reveals that $13.4 billion net flowed into mutual funds and ETFs in the U.S. this week. It was the industry's third week of inflows in a row, up from $5.8 billion last week. Long-term funds suffered $3 billion in net outflows this week, down from $15.7 billion.

Money market funds dominated flows again this week, bringing in $16.4 billion in net inflows, down from $21.5 billion last week. And taxable bond funds brought in $726 million in net inflows this week, up from $930 million in net outflows.

On the flip side, equity funds suffered $3.7 billion in net outflows this week, down from $14 billion last week. And tax-exempt bond funds suffered $102 million in net outflows this week, down from $846 million.

Equity ETFs brought in $2.6 billion in net inflows this week. It was their fourth week of inflows in five weeks, up from $7.8 billion in net outflows last week.

This week's biggest equity ETF winner was SSGA's SPDR S&P 500 ETF (SPY), with $4.4 billion in net inflows.

Conventional (i.e. non-ETF) equity funds suffered $6.2 billion in net outflows this week. It was their 66th week of outflows in a row, roughly in line with their outflows last week.

Fixed income ETFs brought in $2.4 billion in net infows this week. It was their first week of inflows in three weeks.

This week's biggest taxable bond ETF winner was BlackRock's iShares: 20+ Treasury Bond ETF (TLT), with $551 million in net inflows.

Municipal bond ETFs brought in $148 million in net inflows this week. It was their second week of inflows in five week, up from $82 million in net outflows last week.

Conventional taxable bond funds suffered $1.7 billion in net outflows this week. It was their 12th week of outflows in a row, up from $253 million last week.

Conventional muni bond funds suffered $249 million in net outflows this week. It was their 12th week of outflows in a row, down from $746 million last week. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. WE Pacific NW and CFA Society Seattle Welcome Mixer, September 22
  2. Havener Capital's Boutique Week 2023, Sep 26-29
  3. FT's Future of Asset Management North America, Sep 27-28
  4. MFDF webinar - Introduction to Retail Private Markets Funds: Structures to Access Private Equity, Private Credit, Infrastructure and Real Estate Investments, September 27
  5. Women In Finance Fall Mix n' Mingle Happy Hour, September 28
  6. Expect Miracles Atlanta Coast Classic, October 2
  7. MFDF webinar - Exchange Traded Funds: A Market Update for Fund Directors, October 4
  8. 4th Annual ETFGI Global ETFs Insights Summit - United States, Oct 4-5
  9. 8th Annual FUSE Forum, October 5
  10. ICI & GCMFA Networking Reception, October 10
  11. 2023 MMI Annual Conference, Oct 11-13
  12. 2023 IDC Fund Directors Conference, Oct 11-13
  13. WE South - ETF Conversations, October 17
  14. IMEA Star Awards Celebration, October 17
  15. IMEA Marketing Summit, Oct 17-18
  16. MFDF Director Discussion Series - Open Forum via Zoom, October 23
  17. ICI 2023 Securities Law Developments Conference - Day 1, October 24
  18. Schwab Impact 2023, Oct 24-26
  19. 2023 MMI Legal & Compliance Seminar, October 26
  20. ICI 2023 Securities Law Developments Conference - Day 2, October 26
  21. IMEA DE&I Roundtable, November 1
  22. IMEA Leadership Summit, Nov 1-2
  23. MFDF Director Discussion Series - Open Forum (Los Angeles), November 1
  24. MFDF Director Discussion Series - Open Forum (San Francisco), November 2
  25. Expect Miracles In Boston, November 2
  26. WIPN Nebraska - 3rd Annual Collegiate Career Exploration Event, November 2




©All rights reserved to InvestmentWires, Inc. 1997-2023
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use