PCY - U.S. Weekly FundFlows Insight Report: Shrugging Off A Strong Beginning To The Q3 Earnings Season Investors And APs Continue To Prefer Bond Funds During The Week
For the eighth week in a row, investors were overall net purchasers of fund assets (including those of conventional funds and ETFs), injecting $21.6 billion for Lipper's fund flows week ended October 23, 2019. Once again, fund investors were net purchasers of money market funds (+$17.7 billion), taxable fixed-income funds (+$6.3 billion), and municipal bond funds (+$1.4 billion). However, they were net redeemers of equity funds (-$3.9 billion).
Market Wrap-Up
For the fund flows week ended October 23, 2019, while market participants kept a close eye on economic releases, Brexit, and Sino-American trade discussions, their