U.S. STOCK FUNDS TAKE IN $1.8 BILLION IN WEEK-AMG 10/10/05

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NEW YORK, (Reuters) – Investors added a net $1.8 billion to U.S. stock funds in the week ended Oct. 5, a smaller inflow than the $2.0 billion reported in the prior week, according to AMG Data Services.

Excluding exchange-traded fund activity,

the inflows for the latest week amounted to $396 million, AMG said.
Non-domestic funds took in a net $2.1 billion and domestic funds had an outflow of $371 million. Excluding ETFs, the non-domestic funds took in $816 million and domestic funds had an outflow of $420 million.

In a separate report, TrimTabs Investment Research reported that stock funds had inflows of $3.8 billion for the week ended Oct. 5, up from an inflow of $1.8 billion in the prior week.

Funds investing mostly in U.S. stocks had inflows of about $2.2 billion while international funds had inflows of $1.7 billion, according to TrimTabs.

TrimTabs said the weekly activity included a $1.6 billion inflow on Wednesday, the largest daily inflow of the year. Carl Wittnebert, research director at Trimtabs, noted that the Wednesday activity was unusual because the U.S. stock market fell sharply on Tuesday and Wednesday, and declines usually trigger outflows.

TrimTabs, which reports ETF activity separately, said domestic stock ETFs had an outflow of $3.1 billion and global/international ETFs took in $1.4 billion.

TrimTabs, based in Santa Rosa, California, and AMG Data Services, based in Arcata, California, use different methods to estimate fund flow activity.

Fonte: Reuters

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