Domestic equity fund experienced net outflows of $3.4 billion during the week ending Wednesday, October 24, according to AMG Data Securities of Arcata, Calif. International equity funds had net outflows of $1.1 billion coming from all emerging and developed regions.
Taxable bond funds experienced net inflows totaling $1.8 billion during the week ending Wednesday, according to AMG. Of those inflows, 45% went into investment grade corporate bond funds and 41% went into government bond funds investing in mortgages.
Total money market fund assets increased $7.25 billion to $2.277 trillion for the week ending Wednesday, according to the Investment Company Institute. Retail money market assets decreased by $404.2 million, however institutional assets rose $7.66 billion to $1.175 trillion.