U.S. Weekly FundFlows Insight Report: Investors Take Their Foot Off The Flows Pedal For The Week

Aug. 08, 2021 11:10 AM ET, , , , , , , ,
Tom Roseen
1.71K Followers

Summary

  • Fund investors were net purchasers of equity funds (+$2.0 billion), tax-exempt fixed income funds (+$1.2 billion), and taxable bond funds (+$320 million) while being net sellers of money market funds (-$1.4 billion) for the week.
  • Early in the fund-flows week, U.S. stocks lost some ground as investors evaluated the rise in COVID-19 cases and after Amazon reported Q2 earnings that missed analyst expectations.
  • Equity ETFs witnessed their second week of net inflows - attracting $2.8 billion for the most recent fund-flows week.

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Investors were overall net purchasers of fund assets (including those of conventional funds and ETFs) for the second consecutive week, injecting a net $2.1 billion for Refinitiv Lipper’s fund-flows week ended August 4, 2021. Fund investors were net purchasers of equity

This article was written by

1.71K Followers
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.

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