- For the second consecutive month, mutual fund investors were net purchasers of fund assets, injecting $28.0 billion into the conventional funds business for January.
- Fixed income funds (+$80.0 billion for January, another monthly record) witnessed net inflows for the ninth month in a row, while money market funds (-$3.5 billion) suffered net outflows.
- For the twenty-third month in 24, investors were net redeemers of stock and mixed-assets funds (-$48.5 billion).
- APs were net purchasers of ETFs, injecting $62.4 billion for January, for the seventeenth month of consecutive inflows.
- For the tenth month running, fixed income ETFs attracted some $19.7 billion, while investors padded the coffers of stock and mixed-assets ETFs (+$42.7 billion), their eighth straight month of net inflows.
For further details see:
Investors Sour On Large-Cap Growth Funds And ETFs In January