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

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

Rating:Long-Term Outflows Fall By $20B Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, October 7, 2022

Long-Term Outflows Fall By $20B

Reported by Neil Anderson, Managing Editor

Long-term fund flows improved by nearly $20 billion this week, even as money market fund flows worsened by nearly $32 billion, according to the latest data from LSEG's Refinitiv Lipper team.

Tom Roseen
Refinitiv Lipper
Head of Research Services
In the U.S. Weekly FundFlows Insight report for the week ending October 5, 2022 (i.e. Wednesday), Tom Roseen, head of research services at Refinitiv Lipper, reveals that $35.4 billion net flowed out of mutual funds and ETFs in the U.S. this week. That's the industry's second week of outflows in a row, up from $23.2 billion last week. Long-term (i.e. non-money market) funds and ETFs suffered $10.7 billion in net outflows this week, down from $30.4 billion.

Money market funds dominated the overall flows picture this week, thanks to $24.7 billion in net outflows, down from $7.2 billion in net inflows last week. Equity funds suffered $4.5 billion in net outflows this week (down from $11.8 billion last week), taxable bond funds suffered $4.1 billion in net outflows this week (down from $14.9 billion), and tax-exempt bond funds suffered $2.1 billion in net outflows this week (down from $3.6 billion).

Equity ETFs brought in $6.2 billion in net inflows this week. It was their second week of inflows in three weeks, down from $1 billion in net outflows last week.

Domestic equity ETFs brought in $4 billion in net inflows this week (also their second week of inflows in three weeks). And nondomestic equity ETFs brought in $2.2 billion in net inflows (their second week of inflows in a row).

This week's biggest equity ETF winner was SSGA's S&P 500 ETF (SPY), with $1.6 billion in net inflows.

Conventional (i.e. non-ETF) equity funds suffered $10.6 billion in net outflows this week. It was their 35th week of outflows in a row, down from $10.7 billion last week.

Conventional domestic equity funds suffered $6.8 billion in net outflows this week (also their 35th week of outflows in a row). And conventional nondomestic equity funds suffered $3.9 billion in net outflows this week (their 26th week of outflows in a row).

Taxable fixed income ETFs brought in $7.7 billion in net inflows this week. It was their first week of inflows in three weeks and their largest weekly inflows since last December. This week's biggest taxable fixed income ETF winner was BlackRock's iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD), with $3 billion in net inflows.

Municipal bond ETFs brought in $1.2 billion in net inflows this week. It was their first week of inflows in nine weeks, down from $296 million in net outflows last week.

Conventional taxable fixed income funds suffered $11.8 billion in net outflows this week. It was their seventh week of outflows in a row, down from $12.1 billion last week.

Conventional muni bond funds suffered $3.3 billion in net outflows this week, level with last week. And, Roseen notes, conventional muni bond funds have suffered $107.98 billion in net outflows year-to-date, still the largest annual outflows in the category since the Lipper folks started their weekly fund flows calculations back in 1992. 

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: Q2Q1
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