U.S. equity funds continue to draw net inflows on growth optimism - Lipper

  • 7/2/2021
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(Reuters) - U.S equity funds continued to record net inflows in the week to June 30, with the country’s stock markets touching fresh highs on expectations of a faster recovery from the pandemic and higher numbers of vaccinated people in the United States. Graphic: Fund flow into U.S. growth and value funds - U.S. bond funds scored their biggest net inflows in 12 weeks, at $11.2 billion, with taxable bond funds attracting $9.4 billion and municipal bond funds $1.9 billion. Investors also purchased U.S. short and intermediate investment-grade funds worth $2.8 billion, the biggest inflow in four weeks. Meanwhile, U.S. money market funds witnessed net outflows for a fourth consecutive week, worth $16.8 billion. Graphic: Flows into U.S. bond funds -

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