Lipper Weekly U.S. Fund Flows Video Series - January 8, 2014
Published on 10 Jan 2014 by Jeff Tjornehoj
The Dow Jones Industrial Average finished the flows week ended Wednesday, January 8, at 16,462—about 114 points lower—for a poor finish to the first flows week of the New Year.
Perhaps most troubling was equity funds’ unfortunate start: the first week of 2013 saw over $18 billion of net inflows flood the coffers of equity mutual funds and exchange-traded funds (ETFs). This past week’s take was just $1.9 billion net and suggested that investors are skeptical about last year’s rally flowing into 2014. Equity mutual fund investors stayed in the game and accounted for all of the past week’s inflows into equity products. ETF investors had tiny net outflows of $2.5 million.