Lipper 2012 Q4 Preliminary U.S. Fund Flows Review WebEx Replay
Published on 09 Jan 2013 by Matthew Lemieux
Matthew Lemieux reviews preliminary mutual fund flow numbers for the fourth quarter 2012 in this WebEx replay. Overall, U.S. conventional mutual funds posted net inflows of $200.0 billion, with taxable bond funds taking in $61.8 billion of the total. Although U.S. diversified equity mutual funds continued to provide strong returns, they once again ended the quarter in the red for flows as the group reported net redemptions of $28.3 billion. Exchange-traded products continued to draw assets, posting $40.8 billion for the same period. Municipal bond funds added $5.8 billion to their accounts as money market funds (+$143.1 billion) made up the lion's share of net inflows for the quarter.