U.S. equity funds experienced net inflows of $10.5 billion in November, Lipper reported today. Its the second consecutive month of net inflows following outflows in July, August and September. About $2 billion flowed into equity funds in October.
The majority of the equity flows ($7.7 billion) came in diversified stock funds, according to Lipper
Bond flows were positive, but down significantly from October. About $3 billion flowed into bond funds, after about $9 billion the month before.
Money market funds experienced net inflows of $56 billion in November, Lipper said. The majority of that went into institutional funds. At the end of November, year-to-date money market fund flows stood at $353 billion. Money market funds took in $130 billion in 2000.