Stock ETFs, Corporate Bonds, Junk Debt Enjoy Another Week Of Inflows

www.oann.com | 3/30/2016 | Staff
k.collazi (Posted by) Level 3
(Reuters) – Investors’ appetite for risk was on display yet again this week with huge cash inflows into U.S.-based stock exchange-traded funds, corporate bond funds and high-yield “junk” bond portfolios, according to Refinitiv’s Lipper research service data on Thursday.

U.S.-based investment-grade corporate bond funds attracted more than $2.3 billion in the week ended Wednesday, extending their weekly inflow streak since late January, Lipper said. U.S.-based high-yield junk bond funds attracted more than $1.1 billion in the week ended Wednesday, their sixth consecutive week of inflows, Lipper said.

Stock - Funds - ETFs - Inflows - Lipper

Stock exchange-traded funds (ETFs) attracted about $7.35 billion of inflows, Lipper said. Investors in exchange-traded funds are thought to represent institutional investors, including hedge funds. Mutual funds are thought to represent retail investors. U.S. stock mutual funds posted cash withdrawals of more than $1.84 billion, Lipper added.

Tom Roseen, head of research services at Lipper, said a “tale of two cities” still exists within equities.

Mom - Pop - Sellers - Equity - Funds

“Mom and Pop are still net sellers of equity funds, withdrawing $1.8 billion for...
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