Investors were overall net purchasers of fund assets (including those of conventional funds and ETFs) for the second week in a row. They injected a net $25.8 billion for Refinitiv Lipper's fund-flows week ended May 19, 2021. Fund investors were
U.S. Weekly FundFlows Insight Report: Conventional Fund, ETF Investors Shun Equities Over Rising Inflationary Concerns
Summary
- Investors were overall net purchasers of fund assets (including those of conventional funds and ETFs) for the second week in a row.
- Authorized participants (APs) were net sellers of domestic equity ETFs (-$3.7 billion), withdrawing money for the first week in 11.
- The municipal bond funds group posted a 0.07% gain on average during the week and witnessed its seventh straight week of net inflows, attracting $654 million this week.
Tom Roseen is the Head of Research Services, joining from Janus in 1996. He is the editor and an author of Lipper's U.S. Research Studies, FundFlows Insight Reports and FundIndustry Insight Reports. He is involved in fund analysis and research, and contributes to the monthly and quarterly equity and fixed income FundMarket Insight reports, webcasts and podcasts, where he focuses on domestic and world fund performance and attribution. His areas of expertise include closed-end fund analysis, portfolio evaluation, equity and fixed income fund research, fund flows analysis, after-tax performance and Lipper Leaders. Tom has a BS in finance from Metropolitan State College of Denver and a Master's in International Management from the University of Denver.