Friday, April 18, 2008

Turbulent Markets Send Investors Running for Cover

FundFlows Insight Reports - Lipper Research Services March 31, 2008
Investors added an estimated $314.9 billion to the conventional funds business in Q1 2008.* Investors couldn’t leave their assets in USDE(US Diversified Equity) Funds alone (-$37.0 billion).

Flows into the World Equity Funds macro-group (-$4.3 billion) turned cautious.

Mixed-Equity Funds drew in the largest net flows in the equity universe in the first quarter, roughly $27.9 billion.

Bond funds (+$42.1 billion) and taxable money market funds (+$265.6 billion) were the beneficiaries of recent market malaise, but muni money market funds managed to attract $20.4 billion during the quarter.

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