Lipper Weekly U.S. Fund Flows Video Series - June 22, 2011

Published on 23 Jun 2011 by Tom Roseen

Tom Roseen reviews Lipper's U.S. weekly fund flows for the week ended June 22, 2011. Despite a decline in oil future prices (lowest since mid February), the Dow breaking a six-week losing streak, and May leading economic indicators coming in stronger than expected, investors withdrew a net $7.1 billion from the conventional fund business—excluding ETFs—for the week ended June 22. In particular equity funds saw $1.2 billion fly out their coffers, handing back money for the fifth week in a row. On the fixed income side, both taxable bond funds (+$0.7 billion) and municipal debt funds (+$0.1 billion, only its second week of inflows in 32) witnessed net inflows. Continuing on their erratic ways, money market funds witnessed $6.8 billion in net redemptions during the week.

(File Size: 38.2 MBs)
minutes 6, seconds 35
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