August 16, 2017

Conventional Fund Investors Favor World Equity Funds in July

by Tom Roseen

  • For the second month in three mutual fund investors were net purchasers of fund assets, injecting a net $19.9 billion into the conventional funds business. Fixed income funds (+$21.9 billion) and money market funds (+$10.2 billion) witnessed net inflows for July, while investors were net redeemers of stock & mixed-asset funds (-$12.2 billion).
  • For the fourth month in a row Thomson Reuters Lipper’s World Equity Funds macro-classification witnessed net inflows, taking in $12.1 billion for July.
  • For the eighteenth consecutive month authorized participants (APs) were net purchasers of ETFs, injecting $25.7 billion for July. APs injected a net $13.9 billion into stock & mixed-asset ETFs and were net purchasers of bond ETFs, injecting a net $11.8 billion.
  • Despite the continued U.S. political drama, APs padded the coffers of High Yield ETFs (+$3.0 billion net) and Corporate Debt BBB-Rated ETFs (+$2.6 billion net).

Click here or on the Download Full Report link in the upper right hand column of this page to download the July 2017 FundFlows Insight Report: Conventional Fund Investors Favor World Equity Funds in July.

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