MutualFundWire.com: Bond, Equity, and Money Funds All Share In $29B of Inflows

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Friday, July 30, 2021

Bond, Equity, and Money Funds All Share In $29B of Inflows

Equity funds, fixed income funds, and money market funds all saw billions in inflows this week as overall industry inflows dwarfed last week's outflows by a factor of six, according to the latest data from the Lipper team at Refinitiv.

Jack Fischer
Refinitiv Lipper
Senior Research Analyst

In the U.S. Weekly FundFlows Insight Report for the week ended July 28, Jack Fischer, senior research analyst at Refinitiv Lipper, reveals that $29 billion net flowed into mutual funds and ETFs in the U.S. this week (up from $4.9 billion in net outflows last week). He notes that this was the industry's first week of net inflows in seven weeks.

Money market funds were the biggest winners, netting $15.4 billion in inflows this week, up from $1.9 billion last week. Equity funds brought in $8.2 billion in net inflows (up from $8.8 billion in net outflows last week), while fixed income funds brought in $5.3 billion in net inflows (up from $2 billion.

On the equity side, ETFs brought in $9.4 billion in net inflows this week (their second week of net inflows in the last three weeks and up from $5.6 billion in net outflows last week). Conventional equity funds, meanwhile, suffered $715 million in net outflows (their 15th week in 16 of net outflows, down from $3.2 billion last week). Conventional domestic equity funds suffered $1.4 billion in net outflows (their 57th week in 59 of net outflows, down from $4.3 billion last week), while conventional international equity funds brought in $865 million in net inflows (down from $1.1 billion).

As for bond funds, ETFs brought in $2.2 billion in net inflows this week for their eight week in ten of net inflows. Conventional fixed income funds brought in $1.7 billion in net inflows, their 15th week of inflows in the past 17 weeks.

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