Investors were net purchasers of mutual fund assets for the second month in three, injecting $24.4 billion into the conventional fund business (excluding ETFs, which are reviewed in the section below). However, the headline numbers are a bit misleading. Stock & mixed-assets funds experienced net outflows (-$56.8 billion) for the thirty-fourth consecutive month. However, the fixed income funds macro-group—for the first month in six—witnessed net inflows, taking in $26.7 billion. And, in a continued flight to safety, investors padded the coffers of money market funds, injecting $54.5 billion for January. For the twenty-first consecutive month, ETFs attracted net new money,

Investors were net sellers of mutual fund assets for the third month in four, withdrawing $86.0 billion from the conventional fund business (excluding ETFs, which are reviewed in the section below). Stock & mixed-assets funds experienced net outflows for the thirty-third consecutive month (-$92.6 billion, their largest since December 2022). The fixed income funds macro-group—for the fifth month in a row—suffered net redemptions, handing back $12.1 billion. And, in a flight to safety, investors padded the coffers of money market funds, injecting $18.8 billion for December. For the twentieth consecutive month, ETFs attracted net new money, taking in a record

Investors were net redeemers of mutual fund assets for the third month in four, withdrawing $13.2 billion from the conventional funds business (excluding ETFs, which are reviewed in the section below). For the thirtieth consecutive month, stock & mixed-assets funds experienced net outflows (-$47.6 billion). The fixed income funds macro-group—for the second month in a row—witnessed net outflows, handing back $20.6 billion (its largest since last March). Attractive short-term yields and continued uncertainty helped the money market funds macro-group (+$54.9 billion) attract net new money for the fifth straight month. For the seventeenth consecutive month, ETFs attracted net new money,

Investors were net sellers of mutual fund assets for the second month in a row, withdrawing $38.8 billion from the conventional funds business (excluding ETFs, which are reviewed in the section below). Stock & mixed-assets funds experienced net outflows (-$55.9 billion) for the twenty-eighth consecutive month. However, despite an interest rate hike by the Federal Reserve Board on July 26, the fixed income funds macro-group—for the third month in a row—witnessed net inflows, taking in $12.3 billion. With investors’ attraction to rising yields, the money market funds macro-group (+$7.8 billion) witnessed its third straight monthly net inflow. ETFs attracted net

Investors were net sellers of mutual fund assets for the second month in three, withdrawing $38.1 billion from the conventional funds business (excluding ETFs, which are reviewed in the section below). For the twenty-seventh consecutive month, stock & mixed-assets funds experienced net outflows (-$63.2 billion). However, despite a more hawkish tone set by Federal Reserve Board officials after an interest rate hike skip at its June Federal Open Market Committee (FOMC) meeting, the fixed income funds macro-group—for the second month in a row—witnessed net inflows, taking in $13.6 billion. With investors’ attraction to rising yields, the money market funds macro-group

Despite rising concerns around future interest rate hikes, renewed global recessionary fears, and the possibility of new restrictions on technology sales to China by U.S. firms at the end of June, U.S. equity and taxable fixed income mutual funds (including ETFs) rose 4.74% and 0.26%, respectively, for the month-to-date (MTD) period, ended June 29, 2023. On the equity side, Lipper’s U.S. Diversified Equity (USDE) Funds macro-classification led the way, posting a 6.22% return MTD, followed by domestic Sector Equity Funds (+4.81%) and World Equity Funds (+3.56%), while Alternative Equity Funds (+0.53%) was the relative laggard of the equity macro-classifications. Lipper’s

Shrugging off the early March turmoil in the banking sector and another 25-basis point (bps) interest rate hike on March 22—investors cheered dovish comments from the Federal Reserve after its most recent Federal Open Market Committee meeting and signs of moderating inflation, with the average equity fund rising 0.89% for the month. However, the rise in uncertainty was a catalyst for the large net inflows seen in March. Investors were net purchasers of mutual fund assets for the third month in a row, injecting $286.4 billion into the conventional funds business (excluding ETFs, which are reviewed in the section below).

As a result of a relatively good start to the Q4 corporate earnings season, improving inflationary figures, and strong January returns for both equity and fixed income funds, investors were net purchasers of mutual fund assets for the first month in 13, but they injected just $6.8 billion into the conventional funds business (excluding ETFs, which are reviewed in the section below). For the twenty-second month running, stock & mixed-assets funds experienced net outflows (-$30.7 billion—their smallest monthly outflows since July 2022). However, with the 10-year Treasury yield declining 36 basis points (bps) for the month, the fixed income funds

Shrugging off handsome plus-side returns for both equity and fixed income funds in November, investors were net redeemers of mutual fund assets for the eleventh month in a row, redeeming $84.2 billion from the conventional funds business (excluding ETFs, which are reviewed in the section below). For the twentieth month running, stock & mixed-assets funds experienced net outflows (-$99.6 billion—their largest monthly outflows since March 2020). Despite the 10-year Treasury yield falling 42 basis points (bps) during the month on better-than-expected inflation reports, the fixed income funds macro-group—for the third month in a row—witnessed net outflows, handing back $36.4 billion.

Investors were net redeemers of mutual fund assets for the tenth month in a row, redeeming $109.7 billion from the conventional funds business (excluding ETFs, which are reviewed in the section below) for October. For the nineteenth month running, stock & mixed-assets funds experienced net outflows (-$72.7 billion—their largest monthly outflows since October 2020). As a result of the 10-year Treasury yield rising 27 basis points (bps) during the month, ahead of another Fed interest rate hike, the fixed income funds macro-group—for the second month in a row—witnessed net outflows, handing back $65 billion (their largest since May 2022). Money

Investors were net redeemers of mutual fund assets for the ninth month in a row, redeeming $119.4 billion from the conventional funds business (excluding ETFs, which are reviewed in the section below) for September. For the eighteenth month running, stock & mixed-assets funds experienced net outflows (-$63.7 billion). As a result of the 10-year Treasury yield rising 68 basis points (bps) during the month, the fixed income funds macro-group—for the ninth month in 10—witnessed net outflows, handing back $55.0 billion. Money market funds witnessed net outflows for the second month in a row (albeit only -$703 million). For the fifth

Investors were net redeemers of mutual fund assets for the eighth month in a row, redeeming $55.3 billion from the conventional funds business (excluding ETFs, which are reviewed in the section below) for August. For the seventeenth month running, stock & mixed-assets funds experienced net outflows (-$48.9 billion). Despite the 10-year Treasury yield rising 48 basis points (bps) during the month, the fixed income funds macro-group—for the first month in nine—witnessed net inflows, taking in $1.9 billion. Money market funds (-$8.2 billion) witnessed net outflows for the first month in three. For the fourth consecutive month, ETFs attracted net new