Total estimated inflows to long-term mutual funds were $5.86 billion for the week ended Wednesday, March 30, according to the Investment Company Institute. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.
Equity funds had estimated inflows of $1.25 billion for the week, compared to estimated outflows of $1.45 billion in the previous week. Domestic equity funds had estimated inflows of $345 million, while estimated inflows to foreign equity funds were $903 million.
Hybrid funds, which can invest in stocks and fixed income securities, had estimated inflows of $1.53 billion for the week, compared to estimated inflows of $1.24 billion in the previous week.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.