MutualFundWire.com: Inflows Triple to $32B, But ...

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Friday, April 1, 2022

Inflows Triple to $32B, But ...

Industry inflows more than tripled this week, thanks largely to a tenfold increase in one niche, 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 ending March 30, 2022 (i.e. Wednesday), Jack Fischer, senior research analyst at Refinitiv Lipper, reveals that $31.5 billion net flowed into mutual funds and ETFs in the U.S. this week. That's the industry's second week in a row of net inflows, up from $9.2 billion last week. Long-term (i.e. non-money market) funds and ETFs brought in $1.7 billion in net inflows this week, down from $12.1 billion last week.

Money market funds led the way with $29.8 billion in net inflows this week, up from $2.9 billion in net outflows last week. Equity funds brought in $3.9 billion in net inflows this week, down from $11.3 billion.

On the flip side, taxable bond funds suffered $117 million in net outflows this week, down from $2.3 billion in net inflows last week. And tax-exempt bond funds suffered $2 billion in net outflows this week, up from $1.5 billion.

Equity ETFs brought in $7.7 billion in net inflows this week, their eight week in a row of inflows, down from $12.8 billion last week. Yet conventional (i.e. non-ETF) equity funds suffered $3.9 billion in net outflows this week, their eighth week of outflows in a row, up from $1.5 billion.

On the fixed income side, ETFs brought in $3.9 billion in net inflows this week, while conventional funds suffered $4 billion in net outflows.

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