Long-Term Fund Outflows Amid Volatility Triple '08 Figures
The coronavirus pandemic shook the markets in March, and bond-fund flows cooled off dramatically after a hot streak.
|Editor’s note: Read the latest on how the coronavirus is rattling the markets and what investors can do to navigate it. Note: This is an excerpt from the Morningstar Direct U.S. Asset Flows Commentary for March 2020. Download the full report.|
The World Health Organization declared the novel coronavirus a pandemic on March 11. As the contagion affected people and economies around the world, U.S. equity markets fell sharply, with the S&P 500 down 24.2% for the month through March 23.
Tony Thomas does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.