Lipper 2011 Second Quarter Fund Flows Review WebEx Replay

Published on 29 Jun 2011 by Matthew Lemieux

Matthew Lemieux reviews preliminary mutual fund flow numbers for the second quarter 2011 in this WebEx replay. In spite of economic concerns and a weakening in global markets, mutual funds were able to post quarterly net inflows of roughly $13 billion as of June 22nd. Equity Funds as a whole were able to draw in $20.3 billion as the group was bolstered by growing interest in World Equity (+$14.0 billion) offerings. A growing aversion to risk helped Taxable Bond funds continue on their winning ways as they recorded $43.2 billion in new assets. For the second quarter in a row, Loan Participation Funds (+$8.2 billion) and Multi-Sector Income Funds (+$6.9 billion) had the largest inflows for the group. Municipal Bond Funds looked to end the quarter with outflows of $4.6 billion--not all that surprising as the group just recently ended a 29 week outflow streak. That said, there seems to be some light at the end of that tunnel as municipal funds have seen twelve consecutive weeks of positive returns and two weeks of scant, but positive flows. Money Market Funds have continued to shed assets with $36.1 billion in outflows.

(File Size: 17.6 MBs)
minutes 17, seconds 46
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