image for Get advice
Invest in the United States with BAI Capital Get free and confidential advice Get advice
Author: become-american

Investors Prefer Equity ETFs Over Equity Funds in September | Lipper Alpha Insight

Investors were net purchasers of mutual fund assets for the second month in a row, injecting $6.9 billion into the conventional funds business (excluding ETFs, which are reviewed in the section below) for September. For the sixth month in a row, stock & mixed-assets funds experienced net outflows (-$31.2 billion). And despite the Treasury yield curve steepening for the month, the fixed income funds macro-group took in net new money for the seventeenth consecutive month, taking in $35.5 billion for September. Money market funds (+$2.6 billion) attracted net new money for the second month running. Over the last nine months, conventional stock & mixed-assets funds handed back $216.9 billion, while bond and money market funds attracted $419.1 billion and $200.2 billion, respectively, of net new money.

For the twenty-fifth straight month, ETFs witnessed net inflows, taking in $52.2 billion for September. Authorized participants (APs—those investors who actually create and redeem ETF shares) were net purchasers of stock & mixed-assets ETFs for the sixteenth consecutive month, injecting $36.5 billion into equity ETF coffers. And for the eighteenth month in a row, they were net purchasers of bond ETFs—injecting $15.7 billion for the month. Once again, APs were net purchasers of all five equity-based ETF macro-classifications, padding the coffers of U.S. Diversified Equity ETFs (+$26.0 billion), World Equity ETFs (+$8.0 billion), Mixed-Assets ETFs (+$1.2 billion), Alternatives ETFs (+$1.0 billion), and Sector Equity ETFs (+$270 million). Over the last nine months, stock & mixed-assets ETFs took in $470.5 billion and bond ETFs attracted $160.8 billion of net new money.

In this report, I highlight the September 2021 fund-flows results and trends for both ETFs and conventional mutual funds.

Highlights:

Click here to download the September 2021 FundFlows Insight Report: Investors Prefer Equity ETFs Over Equity Funds in September.

Refinitiv Lipper delivers data on more than 330,000 collective investments in 113 countries. Find out more.

Join a growing community of asset managers and stay up to date with the latest research from Refinitiv and partners to help you inform your investment decisions. Follow our Asset Management LinkedIn showcase page.

This content was originally published here.

Add Comment


* All fields are mandatory.

Todavía no hay comentarios en esta publicación.

Facebook BAI Capital button Instagram BAI Capital button Linkedin BAI Capital button

Related articles

Get our news

Find out about the American market with us

This field is for validation purposes and should be left unchanged.
BAI Capital newsletter image