BOSTON - Equity and fixed-income mutual funds had inflows of $11 billion in September, against $14 billion in August, according to Financial Research Corp.
The company said investors continued to favor domestic and international equity funds over fixed-income funds of any kind. Equity funds' inflows were $14.6 billion in September, while $3.6 billion left corporate, government, and municipal bond funds, it said.
Sales of funds blending large-cap and small-cap growth strategies rose 74%, to $4.5 billion.