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

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

Rating:Long-Term Inflows Rebound By $38B Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, June 16, 2023

Long-Term Inflows Rebound By $38B

Reported by Neil Anderson, Managing Editor

Long-term funds' net flows improved by $37.7 billion this week, even as money fund flows soured, according to the latest data from the LSEG Lipper team.

Tom Roseen
LSEG Lipper
Head of Research Services
In the U.S. Weekly FundFlows Insight report for the week ending June 14, 2023 (i.e. Wednesday), Tom Roseen, head of research services at LSEG Lipper, reveals that $19.2 billion net flowed into mutual funds and ETFs in the U.S. this week. It was the industry's second week of inflows in a row, down from $22.4 billion last week. Long-term funds (i.e. non-money market funds) brought in $26 billion in net inflows this week, up from $11.7 billion in net outflows.

Equity funds dominated this week, bringing in $19.9 billion in net inflows, up from $16.2 billion in net outflows last week. And taxable fixed income funds brought in $6.4 billion in net inflows this week, up from $4 billion.

On the flip side, money market funds suffered $6.8 billion in net outflows this week. It was their first week of outflows in eight weeks, down from $34.1 billion in net inflows last week. And tax-exempt fixed income funds suffered $257 million in net outflows this week, down from $460 million in net inflows.

Equity ETFs brought in $25.2 billion in net inflows this week. It was their third week of inflows in four weeks and their largest weekly inflows since February 2021, up from $8.8 billion in net outflows last week.

Domestic equity ETFs brought in $18.2 billion in net inflows this week, their third week of inflows in four weeks. And non-domestic equity ETFs brought in $7 billion in net inflows this week, their fifth week of inflows in six weeks.

This week's biggest equity ETF winner, for the second week in a row, was BlackRock's iShares Russell 2000 ETF (IWM). The fund brought in $2.5 billion in net inflows this week, up from $1.9 billion last week.

Conventional (i.e. non-ETF) equity funds suffered $5.3 billion in net outflows this week. It was their 71st week of outflows in a row, down from $7.3 billion last week.

Conventional domestic equity funds suffered $4.6 billion in net outflows this week, their 24th week of outflows in a row. And conventional non-domestic equity funds suffered $682 million in net outflows this week, their 17th week of outflows in a row.

Taxable fixed income ETFs brought in $4.4 billion in net inflows this week. It was their second week of inflows in a row.

This week's biggest taxable fixed income ETF winner was BlackRock's iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD). The fund brought in $950 million in net inflows this week.

Municipal bond ETFs suffered $89 million in net outflows this week. It was their second week of outflows in a row, down from $132 million last week.

This week's biggest muni bond ETF winner was SSGA's SPDR Nuveen Bloomberg Municipal Bond ETF (TFI). The fund brought in $64 million in net inflows this week.

Conventional taxable fixed income funds brought in $2 billion in net inflows this week. It was their second week of inflows in a row, down from $3.8 billion last week.

Conventional muni bond funds suffered $168 million in net outflows this week. It was their 16th week of outflows in 17 weeks, down from $592 million in net inflows last week. 

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


  1. 2024 ICI Leadership Summit, May 21-23
  2. MFDF webinar - Mutual Fund Director Compensation: the MPI Annual Survey (2024), May 21
  3. Schwab Institutional Investor Day, May 22
  4. IMEA webinar - Opportunities in the Evolving Wealth Management Market, May 22
  5. Raymond James 2024 Analyst & Investor Day, May 23
  6. WE SoCal - How to Lead With Impact: Fireside Chat With Lorraine Le, May 23
  7. MFDF Conference of Fund Leaders Forum, June 5
  8. MFDF in-person outreach: Continuing Regulatory Impacts on Fund Boards, June 11
  9. MFDF webinar - Digital Assets in the Fund Space (Part 1 of 2), June 12
  10. 2024 MMI Leadership Pathway Seminar, Jun 12-14
  11. 2024 Nicsa Fearless Leadership Symposium, June 12
  12. Expect Miracles East Coast Classic 2024, June 13
  13. MFDF webinar - Lessons Learned from the Regional Bank Volatility and the Impact on Registered Funds, June 18
  14. MFDF Director Discussion Series - Open Forum (Philadelphia), June 20
  15. New York YPEM Cornhole Classic, June 25
  16. Morningstar Investment Conference Conference 2024, Jun 26-27
  17. MFDF webinar - Mid-Year Tax Update for Registered Investment Companies, July 16
  18. MFDF Director Discussion Series - Open Forum via Zoom, July 17
  19. MFDF Director Discussion Series - Open Forum (New York), July 23
  20. 2024 MMI Annual Conference, Oct 15-17
  21. 5th Annual ETFGI Global ETFs Insight Summit, October 29
  22. MFDF webinar - Digital Assets in the Fund Space (part 2 of 2), November 7
  23. MFDF 2025 Directors' Institute, January 27 - 29, 2025
  24. MFDF 2025 Fund Governance & Regulatory Insights Conference, March 6 - 7, 2025




©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