Our Privacy Statment & Cookie Policy
All LSEG websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.
Investors were net purchasers of mutual fund assets for the third month in a row, but they injected only $317 million into the conventional fund business (excluding ETFs, which are reviewed in the section below) for October. For the seventh month running, stock & mixed-assets funds experienced net outflows (-$28.0 billion). Despite the Treasury yield curve flattening for the month, the fixed income funds macro-group took in net new money for the eighteenth consecutive month, taking in $15.4 billion for October. Money market funds (+$12.9 billion) attracted net new money for the third straight month. Over the last 10 months, conventional stock & mixed-assets funds handed back $244.9 billion, while bond and money market funds attracted $434.5 billion and $213.1 billion, respectively, of net new money.
For the twenty-sixth straight month, ETFs witnessed net inflows, taking in $77.4 billion for October. Authorized participants (APs—those investors who actually create and redeem ETF shares) were net purchasers of stock & mixed-assets ETFs for the seventeenth consecutive month, injecting $62.1 billion into equity ETF coffers. And for the nineteenth month in a row, they were net purchasers of bond ETFs—injecting $15.3 billion for the month. Once again, APs were net purchasers of all five equity-based ETF macro-classifications, padding the coffers of U.S. Diversified Equity ETFs (+$45.2 billion), Sector Equity ETFs (+$8.1 billion), World Equity ETFs (+$7.4 billion), Alternatives ETFs (+$978 million), and Mixed-Assets ETFs (+$447 million). Over the last 10 months, stock & mixed-assets ETFs took in $532.6 billion and bond ETFs attracted $176.1 billion of net new money.
In this report, I highlight the October 2021 fund-flows results and trends for both ETFs and conventional mutual funds.
Highlights:
Click here to download the October 2021 FundFlows Insight Report: Investors Embrace Inflation Protected Bond ETFs in October.
Refinitiv Lipper delivers data on more than 330,000 collective investments in 113 countries. Find out more.
Join a growing community of asset managers and stay up to date with the latest research from Refinitiv and partners to help you inform your investment decisions. Follow our Asset Management LinkedIn showcase page.