
Investors were net redeemers of fund assets (including those of conventional funds and ETFs) for the first week in three, withdrawing a net $23.3 billion for the Refinitiv Lipper fund-flows week ended Wednesday, November 9. Fund investors were net sellers of money market funds (-$11.5 billion), equity funds (-$8.5 billion), tax-exempt fixed income funds (-$2.5 billion), and taxable bond funds (-$838 million) for the week. Market Wrap-Up The U.S. equity and bond markets remained volatile during the fund-flows week as investors awaited the October employment figures, midterm election results, and the October consumer price index (CPI) report due out later