Industry inflows jumped 31-fold this week, thanks to inflows across the board (except in conventional domestic 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 FundFlowsInsight report for the week ending November 10 (i.e. Wednesday),
Jack Fischer, senior research analyst at Refinitiv Lipper, reveals that $31.1 billion net flowed into mutual funds and ETFs in the U.S. this week. That's the industry's fourth week of net inflows in a row, up from $991 million
last week.
Money market funds brought in $11 billion in net inflows this week, up from $5 billion in net outflows last week. Taxable bond funds brought in $10.1 billion in net inflows, up from $3.2 billion. Equity funds brought in $8.3 billion, up from $2.1 billion. And tax-exempt bond funds brought in $1.9 billion, up from $991 million.
Equity ETFs brought in $10.2 billion in net inflows this week, their sixth week in a row of net inflows, up from $8 billion last week. Conventional (i.e. non-ETF) equity funds suffered another $1.9 billion in net outflows this week; it was their 19th week of outflows in 20 weeks, down from $5.9 billion.
Within conventional equity funds, domestic equity funds suffered $2.7 billion in net outflows this week, their 20th week in a row of net outflows, down from $5.7 billion last week. And conventional non-domestic equity funds brought in $820 million in net inflows this week, their first week in three of net inflows, up from $146 million in net outflows.
On the fixed income side, fixed income ETFs brought in $6.2 billion in net inflows this week, their fifth week in a row of net inflows, up from $697 million last week. Conventional fixed income funds brought in $3.9 billion in net inflows this week, also their fifth week of inflows in a row, up from $2.6 billion. 
Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE