Lipper Weekly U.S. Fund Flows Video Series - February 15, 2012
Published on 17 Feb 2012 by Matthew Lemieux
Matthew Lemieux reviews Lipper's U.S. weekly fund flows for the week ended February 15, 2012. Mixed movements in the market and a brief sign of weakness in Apple’s stock pushed investors to takes profits as equity mutual funds(-$279 million) experienced redemptions for the week ended February 15, 2012. This was the first period in the last six where the asset class found itself dipping into its coffers to pay investors. Overall, the conventional fund business experienced net inflows of $3.5 billion. Taxable bond funds (+$4.6 billion) helped overcome the equity outflows as investors continued to pour money into both corporate investment grade debt funds (+$1.4 billion) and high yield products (+$884 million). Investors also continued to look favorably on municipal offerings as the group posted their eleventh consecutive week of inflows at $1.0 billion. Money Market fund investors redeemed $1.8 billion for the week as they showed less favor for Treasury and government backed paper.