Lipper Weekly U.S. Fund Flows Video Series - April 13, 2011
Published on 15 Apr 2011 by Tom Roseen
Tom Roseen reviews Lipper's U.S. weekly fund flows for the week ended April 13, 2011. Despite continued geopolitical concerns and the escalating nuclear crisis in Japan, the mutual fund industry attracted some $10.8 billion in net new money. Investors appeared to shrug off the potential impasse between Republicans and Democrats concerning a government shut down last week and instead focused their attention on the upcoming earnings reporting season. Despite a disappointing revenue growth report from bellwether Alcoa, investors still injected $1.3 billion into equity funds.