
For the Lipper fund-flows week ended Wednesday, April 15, 2020, investors appeared to be a little more game at putting risk back in their portfolios, injecting a net $62.9 billion into mutual funds and ETFs. 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. However, for the equity side of the business, we see that fund investors remained reluctant during this turbulent time to jump back into the fray, being net redeemers of equity funds, withdrawing a net $2.7 billion