By Tom Roseen
For the first week in six, investors were overall net redeemers of fund assets (including those of conventional funds and ETFs), withdrawing $8.6 billion for Lipper's fund-flows week ended May 29, 2019. Once again, fund investors were net purchasers of money market funds (+$17.5 billion, their sixth consecutive week of net inflows) and municipal bond funds (+$919 million), but were net redeemers of equity funds (-$22.0 billion) and taxable fixed income funds (-$5.1 billion).
Market Wrap-Up
For the fund-flows week ended May 29, 2019, the broad-based U.S. indices suffered their largest one-week