TLT - U.S. Weekly Fund Flows Insight Report: Equity ETFs Conventional Funds Suffer Net Redemptions For The Fund Flows Week
2024-02-09 06:03:00 ET
Summary
- Despite Federal Reserve officials putting the kibosh on interest rate cuts in March, U.S. indices hit new record highs during the Lipper fund flows week.
- The Dow and the S&P 500 posted their ninth and seventh record close of 2024 on Friday, February 2, after stronger-than-expected Q4 tech earnings.
- For the seventh consecutive week, taxable fixed income ETFs experienced net inflows, although taking in just $368 million this week.
Investors were net sellers of fund assets (including those of conventional funds and ETFs) for the second week in three, redeeming a net $15.7 billion for the LSEG Lipper fund flows week ended Wednesday, February 7, 2024....
U.S. Weekly Fund Flows Insight Report: Equity ETFs, Conventional Funds Suffer Net Redemptions For The Fund Flows Week