LIPPER WEEKLY U.S. FUND FLOWS VIDEO SERIES - OCTOBER 17, 2012
Published on 19 Oct 2012 by Tom Roseen
Tom talks about this week's mutual fund and ETF flows trends. Shrugging off relatively strong equity returns toward Wednesday's close, fund investors remained less risk seeking injecting $10.6 billion into money market funds out of the $13.1 billion of net inflows into the funds business (including open-end funds and ETFs). For the second week in three equity funds suffered net outflows, witnessing $2.6 billion in net redemptions, while money market funds (+$10.6 billion), taxable bond funds (+$4.5 billion), and municipal bond funds (+$0.6 billion) continued to attract net new money.