MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, May 21, 2009 Fund Flows Regaining Strength 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. Printed from: MFWire.com/story.asp?s=21608 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |