2024-03-22 07:45:00 ET
Summary
- Investors were net sellers of fund assets (including those of conventional funds and ETFs) for the first week in four, redeeming a net $49.8 billion for the LSEG Lipper fund-flows week ended Wednesday, March 20, 2024.
- Stocks rose on Wednesday, March 20, with all three indices posting record closing highs after the Federal Reserve Board maintained its interest-rate-cut outlook and as expected left interest rates unchanged.
- Equity ETFs witnessed net inflows for the fourth consecutive week, taking in $19.0 billion for the most recent fund-flows week.
Investors were net sellers of fund assets (including those of conventional funds and ETFs) for the first week in four, redeeming a net $49.8 billion for the LSEG Lipper fund-flows week ended Wednesday, March 20, 2024. However, the headline number is a bit misleading....
Read the full article on Seeking Alpha
For further details see:
U.S. Weekly FundFlows Insight Report: Equity ETFs Attract Largest Weekly Net Inflows Since Dec. 20, 2023 For Fund Flows Week