Mutual Fund, ETF Flows Show Growing Interest In Equities

People have been talking about the Great Rotation, the idea that everyone is going to pull their money out of bonds and put them into equities, at least since tapering was first announced, and while it’s easy to get carried away with such a catchy name, mutual fund and ETF flows show that investors really are losing interest in fixed income products. Fixed income funds outflow “While equity flows remain positive, fixed income funds recorded their fifth straight month of outflows. Money market funds had net outflows of $6B as flows remain volatile month to month,” writes BMO Capital Markets…