
For the seventh consecutive week, investors were overall net purchasers of fund assets (including those of conventional funds and ETFs), injecting $62.9 billion for Lipper’s fund-flows week ended April 15, 2020. Fund investors were net purchasers of money market funds (+$46.8 billion), taxable fixed income funds (+$10.3 billion), equity funds (+$5.0 billion), and municipal bond funds (+$833 million) this week. Market Wrap-Up For the fund-flows week ended April 15, 2020, markets remained volatile but trended toward the upside as investors learned that several state governors began making plans to reopen their economies, hospitalizations from the coronavirus pandemic began to slow,