U.S. Weekly FundFlows Insight Report: Reflation Trade Awakens, Financial/Banking ETFs Realize Largest Weekly Inflows Since May

Aug. 13, 2021 4:28 PM ET, , , , , , , , , ,
Jack Fischer
418 Followers

Summary

  • During Refinitiv Lipper’s fund-flows week ended August 11, 2021, investors were overall net purchasers of fund assets (including both conventional funds and ETFs) for the third consecutive week, accumulating $24.7 billion.
  • Exchange-traded equity funds recorded $6.0 billion in weekly net inflows. This is the macro-group’s third straight week of net inflows, and it returned a positive 0.83% on average.
  • Conventional equity funds (ex-ETFs) were net redeemers for the nineteenth time in 21 weeks (-$1.9 billion). Conventional equity funds posted a weekly return of positive 0.74% on average—their third straight week of positive performance.

Concept business etf concept on wooden cubes.
gesrey/iStock via Getty Images

During Refinitiv Lipper’s fund-flows week ended August 11, 2021, investors were overall net purchasers of fund assets (including both conventional funds and ETFs) for the third consecutive week, accumulating $24.7 billion.

Money market funds (+$10.5 billion), taxable

This article was written by

418 Followers
Jack Fischer is a key member of FTSE Russell’s Fixed Income & Convertibles (FICC) team, specializing in product development and market research.Before starting at LSEG, Jack spent time playing professional baseball with the Detroit Tigers, followed by roles at Northern Trust and Guggenheim Partners Investment Management. Currently based in Chicago, Jack earned his Bachelor of Arts in Economics from Wake Forest University.

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