A few weeks ago, we touched on Lipper Loan Participation Funds and how the recent rise in yields has led to a significant increase in weekly net flows. Today, we pivot and dive into the Lipper Inflation Protected Bond Funds classification. The Lipper Inflation Protected Bond Funds classification—including both conventional mutual funds and ETFs—realized a quarterly record of inflows in Q1 (+$19.2 billion) despite a negative Q1 return on average (-0.62%). For context, their average quarterly net flow dating back to 2003 is positive $1.7 billion. This Lipper classification saw net outflows this past fund-flows week for the first time

During Refinitiv Lipper’s fund-flows week ended April 28, 2021, investors were overall net purchasers of fund assets (including both conventional funds and ETFs) for the twelfth week in 13. Money market funds (+$55.9 billion), taxable bond funds (+$7.1 billion), and tax-exempt bond funds (+$1.6 billion) all attracted net inflows over the trailing five trading days. Equity funds (-$3.1 billion), on the other hand, saw net outflows for the first week in 12. Taxable bond funds have seen 19 straight weeks of net inflows with only three weeks of net outflows over the trailing year. Market Wrap-Up At the close of

Despite concerns of inflation rearing its ugly head and some pundits saying the greatest bond bull market in history is coming to an end, low interest rates have investors in search of yield. Year to date, through the Refintiv Lipper fund flows week ended December 9, 2020, investors have injected a net $255.1 billion into taxable fixed income mutual funds and ETFs while being net redeemers of equity funds and ETFs, redeeming a net $344.6 billion year to date. Investors appear to prefer the quasi-safety of fixed income instruments over their volatile, yet recently lucrative, equity securities counterparts. The average

Investors were overall net purchasers of fund assets (including those of conventional funds and ETFs) for the first week in 14. They injected $27.7 billion for Refinitiv Lipper’s fund-flows week ended November 11, 2020, as they cheered the announcement of a successful Phase 3 study of a COVID-19 vaccine by Pfizer and BioNTech. Fund investors were net purchasers of long-term assets, putting $23.8 billion into equity funds (their third largest weekly net inflows on record going back to 1992), $7.1 billion into taxable bond funds, and $1.2 billion into municipal bond funds. Meanwhile, money market funds (-$4.4 billion) witnessed the

Shrugging off plus-side returns for the week, for the eighth week in a row investors were overall net redeemers of fund assets (including those of conventional funds and ETFs), withdrawing $15.9 billion for Refinitiv Lipper’s fund-flows week ended September 30, 2020. Fund investors were net redeemers of all four asset classes, withdrawing $14.0 billion from money market funds, $1.1 billion from taxable fixed income funds, $775 million from municipal bond funds, and $9 million from equity market funds this week. Market Wrap-Up U.S. markets managed to post handsome plus-side returns during the fund-flows week despite experiencing their first monthly decline

For the second week in three, investors were overall net purchasers of fund assets (including those of conventional funds and ETFs), injecting $34.4 billion for Refinitiv Lipper’s fund-flows week ended July 22, 2020. Fund investors were net purchasers of money market funds (+$20.4 billion), taxable fixed income funds (+$11.1 billion), municipal bond funds (+$2.1 billion), and equity funds (+$746 million) this week. Market Wrap-Up Despite a rising number of reported COVID-19 cases and increasing Sino-American tensions, the U.S. market continued to rally during the fund-flows week as investors focused on bettered-than-feared corporate earnings reports, a recently signed European Union coronavirus

For the second week in three, investors were overall net purchasers of fund assets (including those of conventional funds and ETFs), injecting $7.1 billion for Lipper’s fund-flows week ended June 24, 2020. Fund investors were net purchasers of taxable fixed income funds (+$11.3 billion) and municipal bond funds (+$1.5 billion) while being net redeemers of equity funds (-$5.0 billion) and money market funds (-$726 million, the group’s sixth consecutive week of net redemptions) this week. Market Wrap-Up Markets took a drubbing during the fund-flows week as investors focused on rising COVID-19 cases, increasing trade tensions, and a narrow rally in

Year-to-date estimated net flows into conventional mutual funds and exchange-traded funds continue to tell a mixed story. Through the Lipper fund-flows week ended Wednesday, May 13, 2020, investors continued to inject net new money into the business, bringing the year-to-date total to $871.6 billion. Flow trends, however, are quite different for conventional mutual funds and ETFs. While conventional mutual funds have attracted some $798.8 billion year to date, the short-term asset class—money market funds—was the only recipient of net new money. These funds took in a record setting $1.1 trillion—beating any full-year estimated net flows in history. The only years