MutualFundWire.com: A $13.4B Start to 2022

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Friday, January 7, 2022

A $13.4B Start to 2022

The fund industry started off 2022 by continuing a three-week inflows streak, 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 January 5, 2022 (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. That's the industry's third week of net inflows in a row, up from $50.6 billion in net outflows three weeks ago (when the last 2021 issue of the weekly report was issued).

Equity funds led the way with $9.2 billion in net inflows this week, up from $4.4 billion in net outflows three weeks ago. Other winners included: taxable bonds, which brought in $5.4 billion in net inflows this week (up from $6.9 billion in net outflows three weeks ago); and tax-exempt bond funds, which brought in $841 million in net inflows this week (up from $728 million three weeks ago). On the flip side, money market funds suffered $2.1 billion in net outflows this week, up from $1.1 billion three weeks ago.

Equity ETFs brought in $12.6 billion in net inflows this week, their 13th week of net inflows in 14 weeks, down from $15.9 billion three weeks ago. Yet conventional (i.e. non-ETF) equity funds suffered another $3.8 billion in net outflows this week; it was their first week of outflows in three weeks, down from $17.2 billion in net outflows three weeks ago.

On the fixed income side, ETFs brought in $735 million in net inflows this week; it was their third week in a row of net inflows, up from $885 million in net outflows three weeks ago. And conventional fixed income funds brought in $4.7 billion in net inflows this week, up from $3.9 billion in net outflows three weeks ago.

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