US taxable bond funds see record net $10.7 bln inflows - Lipper

NEW YORK Thu Feb 6, 2014 5:34pm EST

NEW YORK Feb 6 (Reuters) - Investors in funds based in the United States poured a record net $10.7 billion into taxable bond funds in the week ended Feb. 5, the same week that exchange-traded funds saw large outflows from stock funds, data from Thomson Reuters' Lipper service showed on Thursday.

Investors took a net $22.4 billion out of equity ETFs, but equity mutual funds took in a net $1.5 billion.

Investors in exchange-traded funds are thought to represent the institutional investor, including hedge funds. Mutual funds are thought to represent retail investors.

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