Reuters: US Dollar Report: Net outflows for stock and bond funds-Lipper

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Net outflows for stock and bond funds-Lipper Jun 7th 2012, 21:54 Tweet Share this Email Print Related Topics Stocks » Currencies » Bonds News » Bonds » Markets » Mutual Fund Center » ETFs News » Financials » Thu Jun 7, 2012 5:54pm EDT By Daniel Bases NEW YORK, June 7 (Reuters) - Investors pulled cash from U.S. domiciled equity and fixed income funds in the week ended June 6, illustrating the see-saw nature of the cash flows over the past month, data from Thomson Reuters' Lipper service showed on T hur sday. Equity funds turned negative again with outflows of more than $2 billion in net redemptions versus an inflow of $3.4 billion in the prior week. Taxable bond funds had net outflows of $658 million in the latest week versus an inflow of $1.9 billion the week before. "This points to not only uncertainty but investors are really being challenged on where to allocate. Once again, we are seeing some similarities with last year's volatile markets," said Matthew Lemieux, analyst at Lipper. This year, equity funds have pulled in $20.2 billion versus a $50 billion outflow in 2011. Taxable bond funds have taken in $143.6 billion in net new investment year-to-date and have not had a negative year since 2000. The weekly Lipper fund flow data is compiled from reports issued by U.S.-domiciled mutual funds and exchange-traded funds. The following is a broad breakdown of the flows for the week, including exchange-traded funds (in $ billions): Sector Flow Chg % Assets Count ($Bil) Assets ($Bil) All Equity Funds -2.065 -0.08 2,645.769 10,319 Domestic Equities -2.182 -0.11 2,026.638 7,743 Non-Domestic Equities 0.118 0.02 619.131 2,576 All Taxable Bond Funds -0.658 -0.05 1,407.446 4,658 All Money Market Funds -5.840 -0.25 2,287.973 1,424 All Municipal Bond Funds 0.593 0.20 299.209 1,366 Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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