Lipper Weekly U.S. Fund Flows Video Series - July 24, 2013
Published on 26 Jul 2013 by Tom Roseen
Money market funds handed back some $12.7 billion net for the week (their first weekly redemption in five), and municipal bond funds bled assets (for the ninth consecutive week), succumbing to net outflows of $1.2 billion. With the large money market redemptions swamping the inflows to both equity funds and taxable bond funds, investors were net redeemers for the week, withdrawing a little less than $4 billion. Tom highlights flows for both conventional mutual funds and ETFs in this week's fund flows video.