Tags: lipper | stock | equity

Lipper: Five-week Inflow Streak to US Equity Funds Ends

Thursday, 16 February 2012 05:34 PM

U.S. fund investors abandoned domestic-focused equities in the week ended Feb. 15, far outweighing the net new cash flowing into foreign-focused funds, data from Thomson Reuters' Lipper showed on Thursday.

The $4.4 billion in net redemptions from U.S. stocks broke a five-week inflow streak for the entire equity sector, Lipper said.

Foreign-focused equity funds had net inflows of just over $1 billion, bringing the overall equity net outflows to $3.4 billion.

During the reporting week the benchmark U.S. Standard & Poor's 500 stock index fell 0.50 percent.

At the same time, taxable bond funds attracted an additional $5.6 billion in new investment, taking their inflow streak to nine weeks.

The weekly Lipper fund flow data is compiled from reports issued by U.S.-domiciled mutual funds and exchange-traded funds.

© 2018 Thomson/Reuters. All rights reserved.

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Thursday, 16 February 2012 05:34 PM
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