US Equities Return To Inflows While Money Market AUM Drops Second Week

The equities flows seesaw continued over the latest weekly reporting period. US-stock focused ETFs and mutual funds reversed the prior week's outflows, taking in $17 billion following the March FOMC meeting. In the lead-up to this month's Fed gathering, US equity funds saw heavy redemptions as $22 billion hit the exits, the most in over a year. That outflow came on the heels of the largest one-week inflow on record, a $56 billion influx. With this week's haul, US equities have seen a net $7