Investors poured $2.81 billion into U.S. general domestic
taxable fixed income funds and also received $2.44 billion worth
of government bond funds in their eighth week of net buying in a
row.
Meanwhile, U.S. equity funds recorded $10.34 billion worth
of outflows, compared with net selling of $20.75 billion in the
previous week.
Investors sold U.S. large-, mid- and small-cap equity funds
of $5.14 billion, $102 million and $1.81 billion, respectively.
Among sector funds, they exited financial and healthcare
funds of $1.2 billion and $694 million, respectively, but tech
obtained $566 million worth of inflows.
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Fund flows: U.S. domiciled equities, bonds and money market
funds Fund flows: U.S. bond funds Fund flows: U.S. equity sector funds ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
(Reporting by Gaurav Dogra and Patturaja Murugaboopathy in
Bengaluru; Editing by Devika Syamnath)
April 10 (Reuters) - U.S. money market funds drew
inflows for a fourth straight week on worries about an economic
slowdown after data pointed to slowing production and a cooling
labor market.
According to Refinitiv Lipper data, U.S. money market funds
obtained a net $42.51 billion worth of inflows in the week to
April 5. It was, however, the smallest weekly net purchase since
March 8.
Meanwhile, U.S. bond funds saw a surge in demand as they
obtained a net $8.1 billion, the biggest amount since Jan. 11.
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