Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Industry Flows Rebound By $44.3B Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, June 28, 2024

Industry Flows Rebound By $44.3B

Reported by Neil Anderson, Managing Editor

Net industry flows reversed as equity funds in particular had a big week, according to the latest flows data from the LSEG Lipper team.

In the U.S. Weekly FundFlows Insight report for the week ending June 26, 2024 (i.e. Wednesday), the LSEG Lipper team confirms that $14.3 billion net flowed into mutual funds and ETFs in the U.S. this week. It's the industry's eighth week of inflows in ten weeks, a $44.3-billion improvement from last week. Long-term (i.e. non-money-market) funds brought in $21.3 billion in net inflows this week, up by $27.8 billion week-over-week.

Equity funds led the inflows pack this week, bringing in $17.7 billion in net inflows, up by $25.1 billion W/W. Other inflows winners this week included: taxable fixed income funds, $4.7 billion in net inflows (up by $3.2 billion W/W); and commodities funds, $284 million in net inflows (up by $981 million W/W).

On the flip side, money market funds led the outflows pack this week, thanks to $7 billion in net outflows, a $16.5-billion drop W/W. Other outflows sufferers this week included: tax-exempt fixed income funds, $498 million in net outflows (a $514-million net flows drop W/W); mixed-assets funds, $297 million in net outflows (up by $4 million W/W); and alternatives funds, $182 million in net outflows (a $979-million net flows drop W/W).

Equity ETFs brought in $20.9 billion in net inflows this week. It was their first week of inflows in three weeks, up by $22.5 billion W/W.

This week's biggest equity ETF winner was SSGA's SPDR S&P 500 ETF Trust (SPY). The fund brought in $14.5 billion in net inflows.

Conventional equity funds suffered $5.4 billion in net outflows this week. It was their 124th week of outflows in a row, down by $300 million W/W.

Taxable fixed income ETFs brought in $5.7 billion in net inflows this week. It was their seventh week of inflows in eight weeks, up by $2.5 billion W/W.

This week's taxable fixed income ETF winner, for a third consecutive week, was BlackRock's iShares 20+ Year Treasury Bond ETF (TLT). The fund brought in $2.1 billion in net inflows, up by $619 million W/W.

Conventional taxable fixed income funds suffered $1.3 billion in net outflows this week. It was their eighth week of outflows in ten weeks, down by $300 million W/W.

Municipal bond ETFs suffered $261 million in net outflows this week. It was their first week of outflows in four weeks, a $411-million net flows drop W/W.

Conventional muni bond funds suffered $236 million in net outflows this week. It was their sixth week of outflows in seven weeks, up by $102 million W/W. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use