Lipper Weekly U.S. Fund Flows Video Series - May 4, 2011

Published on 06 May 2011 by Tom Roseen

Tom Roseen reviews Lipper's U.S. weekly fund flows for the week ended May 4, 2011. Despite three consecutive days of market declines, lower-than-expected ISM manufacturing and nonmanufacturing numbers, and a few poor earnings reports, the conventional mutual fund industry attracted some $2.4 billion in net new money. Investors appeared to focus more on stronger durable goods orders and the favorable earnings reports, injecting some $1.3 billion into equity funds and $3.7 billion into fixed income funds, while being net redeemers from municipal debt funds, which experienced their 25th week of outflows.

(File Size: 29.6 MBs)
minutes 5, seconds 25
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