For the tenth week in a row, investors were overall net purchasers of fund assets (including those of conventional funds and ETFs), injecting $37.0 billion for Lipper's fund-flows week ended November 6, 2019. Once again, fund investors were net purchasers of money market funds (+$34.4 billion), taxable fixed income funds (+$1.5 billion), and municipal bond funds (+$1.1 billion). However, they were net redeemers of equity funds this week, although they sold only $59 million in assets.
Market Wrap-Up
For the fund-flows week ended November 6, 2019, investors were more sanguine over Sino-American trade negotiations, better-than-expected