Investors Return to Stock Funds, Starting to Reverse Recent Exit / WSJ

hank

From last Wednesday’s Wall Street Journal (August 24):

“Many investors have rediscovered their appetite for stock funds as the S&P 500 has climbed 13% since June 16. The summer’s market rally has begun to lure investors back into stock funds. Investors funneled a net $11.7 billion into equity mutual funds and exchange-traded funds over the two-week period ended last Wednesday, according to Refinitiv Lipper data. That is a shift from earlier in the summer, when many investors assessed their losses from a brutal start to the year and headed for the exits.”

Crash

the dumb money. i have been dumb, too, before. it can happen in reverse, too--- when you buy at just the wrong time, like i did, in the late winter and early spring, '22.

yogibearbull

Similar ICI data show that inflows have been into ETFs, outflows from mutual funds, but the combined/net is inflows now.

BaluBalu

The following from Lipper gives a much better granularity than the article WSJ and shows for the week ended Aug 24, there were net equity outflows, with inflows from ETFs and outflows from mutual funds.

https://www.lipperusfundflows.com/#create:newsline:Newsline Article:/php/newsline.php?id=2845