For the 10th straight week in a row, mutual funds took in inflows, the Investment Company Institute revealed. However, the flows tapered off to $9.69 billion for the week ended May 20.

Stock funds took in $764 million, down sharply from the $6.83 billion the previous week and $10 billion high earlier in March. U.S. stock funds accounted for $252 million of those inflows, and international stock funds $513 million.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.