During Refinitiv Lipper's fund-flows week ended March 16, 2022, investors were overall net redeemers of fund assets (including both conventional funds and ETFs) for the second straight week, removing a net $28.1 billion from the market.
U.S. Weekly FundFlows Insight Report: Mutual Funds Suffer $14.7 Billion In Outflows As ETFs Attract $5.7 Billion
Summary
- Money market funds, taxable bond funds, equity funds, and tax-exempt bonds all suffered weekly outflows.
- Exchange-traded equity funds recorded $3.2 billion in weekly net inflows, marking their sixth consecutive week of inflows.
- Conventional equity funds posted a weekly return of a positive 1.73% on average.
Jack Fischer joined the London Stock Exchange Group (LSEG) as a Senior Research Analyst in February 2021. Jack is now the Head of Lipper Research for U.S. and Canada. He is responsible for fund market analysis and research. Jack spent time playing professional baseball with the Detroit Tigers before working at Northern Trust and Guggenheim Partners Investment Management. Jack earned his Bachelor of Arts in Economics from Wake Forest University.