Lipper Weekly U.S. Fund Flows Video Series - April 18, 2012
Published on 20 Apr 2012 by Tom Roseen
Tom Roseen reviews Lipper's U.S. weekly fund flows for the week ended April 18, 2012. Ahead of the April 17 tax filing deadline, investors were net redeemers of fund assets (including ETFs), redeeming a net $2.3 billion for the week ended April 18, 2012. However, excluding money market funds redemptions (-$8.0 billion, their eight consecutive week of outflows), investors appeared to shrug off disappointing growth rate figures from China, a drop in consumer sentiment in April, and hints of rising borrowing costs for Spain, redeeming just $0.2 billion from equity funds, while padding the coffers of taxable bonds funds (+$5.7 billion) and municipal bond funds (+$0.2 billion).