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Fund Flows Down Slightly

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Stock and bond mutual funds had net inflows of $28.3 billion in March, down from $30.4 billion a year earlier.

International and global funds showed the strongest net inflows, increasing to $71.5 billion in March from $51.7 billion a year earlier, according to the Financial Research Corp., Boston. Domestic equity funds also had a strong showing, with a $4.2 billion net intake, although they were down from a monthly flow of $13.8 billion a year earlier.

Government bonds had net outflows of $275 million, compared to a net inflow of $699 million a year earlier, the FRC reported.


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