SPIB - U.S. Weekly FundFlows Insight Report: APs And Fund Investors Turn To Bond Funds During The Week
For the first week in 12, investors were overall net redeemers of fund assets (including those of conventional funds and ETFs), withdrawing $13.7 billion for Lipper's fund-flows week ended November 20, 2019. Once again, fund investors were net purchasers of taxable fixed income funds (+$12.4 billion, their largest weekly net inflows since February 4, 2015) and municipal bond funds (+$2.0 billion). However, they were net redeemers of money market funds (-$25.3 billion, their largest weekly outflows since April 17, 2019) and equity funds (-$2.8 billion) this week.
Market Wrap-Up
For the fund-flows week ended November