Mutual Funds See 10 Consecutive Weeks of Outflows As ETFs Gain

Mutual Funds are continuing to fall out of favor with investors while ETFs continue to see ever-increasing inflows, that’s the key takeaway from Morgan Stanley’s June 20 Asset Managers flows research report, which draws on data from the latest data from EPFR Global flows report.  Morgan Stanley’s flows analysis highlights several interesting trends in fund flows data that have continued to gain traction over the past week.  Event Driven Hedge Funds Up 2.96%; Distressed Debt Funds Up 2.66% In May For example, outflows from high-yield ETFs reached their second highest level since January 2016 amid renewed concerns about the state…