- For the first month in six, mutual fund investors were net redeemers of fund assets, withdrawing $176.3 billion from conventional funds for January.
- Fixed income funds (-$12.0 billion for January) witnessed net outflows for the second month in a row, while money market funds (-$138.9 billion) experienced their largest net outflows since March 2010.
- For the tenth straight month, investors were net sellers of stock & mixed-assets funds (-$25.4 billion).
- APs were net purchasers of ETFs, injecting $33.4 billion for January, for their twenty-ninth month of consecutive inflows.
- And, for the first month in 22, fixed income ETFs (-$7.2 billion for January) suffered net redemptions while investors padded the coffers of stock & mixed-assets ETFs (+$40.5 billion), their twentieth straight month of net inflows.
For further details see:
Investors Turn A Cold Shoulder To Fixed Income Funds And ETFs In January