2024-02-16 06:02:00 ET
Summary
- During LSEG Lipper’s fund flows week that ended February 14, 2024, investors were overall net redeemers of fund assets for the third week in four, removing a net $918 million.
- At the close of LSEG Lipper’s fund flows week, U.S. broad-based equity indices reported mixed returns - DJIA fell, while the Nasdaq, Russell 2000, and S&P 500 were all in the black.
- The calendar week ended Friday, February 9, the Department of Labor published that December’s consumer price index rose slightly less than what was initially reported.
During LSEG Lipper's fund flows week that ended February 14, 2024, investors were overall net redeemers of fund assets (including both conventional funds and ETFs) for the third week in four, removing a net $918 million.
Taxable bond funds (+$9.0 billion, -0.30%), equity funds (+$8.0 billion, +0.50%), and alternatives funds (+$502 million, +0.20%) attracted net new capital....
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U.S. Weekly Fund Flows Insight Report: Investors Withdraw Assets From Funds For The Third Week In Four