Investors were net sellers of fund assets (including those of conventional funds and ETFs) for the second week in three, redeeming a net $6.6 billion for the LSEG Lipper fund-flows week ended Wednesday, January 24, 2024. Fund investors were net purchasers of fixed income funds (+$3.9 billion), commodity funds (+$220 million), and alternatives funds (+$68 million) while being net sellers of money market funds (-$8.7 billion), equity funds (-$1.8 billion), and mixed-assets funds (-$352 million) for the week. Market Wrap-Up U.S. stocks began a fresh ascent to new record highs during the Lipper fund-flows week as better-than-expected Q4 earnings were

Investors were overall net redeemers of fund assets (including those of conventional funds and ETFs) for the second week in a row, removing a net $17.5 billion for the Refinitiv Lipper fund-flows week ended Wednesday, September 7. Fund investors were net redeemers of equity funds (-$12.9 billion), money market funds (-$2.6 billion), tax-exempt fixed income funds (-$1.1 billion), and taxable bond funds (-$913 million) for the week. Market Wrap-Up Despite rising interest rates, a new COVID-related citywide lockdown in Chengdu, China, and lingering concerns of a European energy crisis, markets finished mixed after the Dow and S&P 500 posted their

Both the Nasdaq Composite and Dow Jones Industrial Average exited bear-market and market-correction territory, respectively, during the Lipper fund-flows week ended August 17, 2022, with peak-to-date market losses improving to 18.28% and 7.12% from their market troughs of negative 32.76% and negative 18.30% on June 16 and 17, respectively—assuming there are no big economic or political events causing the markets to test those lows once again. As we all are now painfully familiar with, a market correction is defined as a 10% to 20% decline in market values from a recent peak (we’re using January 3, 2022, as the common

Equity funds and ETFs took a drubbing for the Refinitiv Lipper fund-flows week ended Wednesday, May 11, 2022, with the average equity fund declining 8.65% for the flows week—its worst one-week loss since March 25, 2020. However, equity mutual fund and ETF investors only redeemed a net $8.6 billion this week, compared to $27.1 billion for the week ended March 25, 2020. Year to date, equity funds (including ETFs) have taken in a relatively strong $68.6 billion considering the average equity fund is down 16.89% so far this year. That said, the trends for conventional funds versus ETFs are quite

Investors were overall net purchasers of fund assets (including those of conventional funds and ETFs) for the first week in four, injecting a net $28.4 billion for the Refinitiv Lipper fund-flows week ended April 27. However, the headline numbers are a bit misleading. Fund investors were net purchasers of money market funds (+$40.0 billion) and taxable bond funds (+$19 million) while being net redeemers of equity funds (-$8.8 billion) and tax-exempt fixed income funds (-$2.9 billion) for the week. Market Wrap-Up Markets tanked during the fund-flows week as investors weighed the implications of aggressive interest hikes by the Federal Reserve,

For the Lipper Refinitiv fund-flows week ended March 9, 2022, equity funds took it on the chin, declining 2.27%, and on a year-to-date basis, losing 9.73% on average. Markets were roiled during the fund-flows week as investors considered the impacts that skyrocketing commodity prices, the Russia-Ukraine conflict, and Federal Reserve policies might have on the global economy and markets. The Dow Jones Industrial Average entered market correction territory, declining 11% from its January 4 record high, while the Nasdaq Composite entered bear market territory, declining more than 20% from its November 2021 highs during the fund-flows week. Some of those

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

Investors were overall net redeemers of fund assets (including those of conventional funds and ETFs) for the first week in three. They withdrew $8.5 billion for Refinitiv Lipper’s fund-flows week ended January 6, 2021, despite pushing the Dow to another set of record closes during the week. Fund investors withdrew $5.4 billion from equity funds and a net $10.1 billion from money market funds. Meanwhile, investors were net purchasers of taxable and tax-exempt fixed income funds, injecting slightly less than $6.0 billion and $1.1 billion, respectively, this week. Market Wrap-Up The Dow and S&P 500 finished up the year in

Convertible Securities (CV) Funds, an often-ignored classification in the mixed-assets funds space, have been on a tear in 2020. Given the stingy bond yields in the market and the red-hot stock market of late (ignoring the recent one-day meltdown in tech stocks), the stars have aligned for CV funds. The average CV fund posted a handsome 21.17% year-to-date return through the fund-flows week ended August 2, 2020, trailing the likes of Global Science & Technology Funds (+34.06%), Science & Technology Funds (+29.05%), Large-Cap Growth Funds (+25.75%), Multi-Cap Growth Funds (+24.83%), and China Region Funds (+23.23%). CV funds invest primarily in

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

Most investors watched the equity markets take a drubbing with some degree of trepidation after a week of record-setting losses. Governments worldwide instituted travel restrictions, requested citizens to institute social distancing, banned gatherings of more than 10 people, closed public-facing businesses, and in some cases, issued shelter-in-place orders for the next few weeks as citizens around the world begin to grasp the severity of the coronavirus and its insidious spread. The broader implications such closures and restrictions would have on equity markets were somewhat predictable, with the Russell 2000 Price Only Index (-21.60%) suffering the largest declines of the broadly

For the first week in 12, investors were overall net redeemers of fund assets (including those of conventional funds and ETFs), withdrawing $13.7 billion for Lipper’s fund-flows week ended November 20, 2019. Once again, fund investors were net purchasers of taxable fixed income funds (+$12.4 billion, their largest weekly net inflows since February 4, 2015) and municipal bond funds (+$2.0 billion). However, they were net redeemers of money market funds (-$25.3 billion, their largest weekly outflows since April 17, 2019) and equity funds (-$2.8 billion) this week. Market Wrap-Up For the fund-flows week ended November 20, 2019, investors remained generally