Lipper Weekly U.S. Fund Flows Video Series - August 24, 2011
Published on 26 Aug 2011 by Matthew Lemieux
Matthew Lemieux reviews Lipper's U.S. weekly fund flows for the week ended August 24, 2011.
After what seemed to be a stable week in the U.S. equity markets, a disastrous report from the Philadelphia Fed supported increasing concerns over the possibility of a double-dip. Looking at weekly mutual fund flow numbers we see that investor sentiment was relatively subdued. Equity mutual funds—coming off their previous week of inflows—posted net redemptions of roughly $436 million. Taxable Bond funds were able to break their four week losing streak as the group posted net inflows of $967 million. Municipals continued their four-week run of outflows—although at a slower pace—as the category pushed out $160 million for the week. Money markets also gave back as the group reported net outflows of $5.8 billion.