24 Oct 2014, by
For the fund-flows week ended October 22, 2014, the equity market rebounded sharply during the first four days of the period, mitigating some of the prior week's significant losses. Investors injected a net $14.6 billion into the conventional funds business (excluding ETFs). Money market funds attracted the lion's share of net new money, taking in $12.4 billion, as investors remained risk averse, followed by equity funds ($1.1 billion) and taxable fixed income funds ($1.1 billion). Municipal debt funds witnessed the only net redemptions of the macro-classifications, handing back just $7 million for the week. Tom highlights flows for both conventional funds and ETFs in this week's fund flows video.