SPYV - U.S. Weekly FundFlows Insight Report: Equity Fund Investors Take '19 Profits Off The Table Embrace Fixed Income Funds
For the third week running, investors were overall net purchasers of fund assets (including those of conventional funds and ETFs), injecting $10.2 billion for Lipper's fund-flows week ended January 8, 2020. Fund investors were net purchasers of taxable fixed income funds (+$12.2 billion), money market funds (+$4.3 billion), and municipal bond funds (+$2.9 billion). However, once again, they were net redeemers of equity funds (-$9.2 billion) this week.
Market Wrap-Up
For the fund-flows week ended January 8, 2020, investors warmed to the U.S./China trade discussions, news that the People's Bank of China ((PBOC)) lowered its