$42.3 billion goes to mutual funds in January

Net inflows into mutual funds, excluding ETFs, were $42.3 billion in January, according to Lipper's latest Fundflows Insight report. Stock and mixed equity fund flows came to $38.7 billion for the month, while bond funds pulled in $15.4 billion. Money market funds, however, saw a net outflow of $11.8 billion. World equity funds, including both global funds and international funds, added $18.4 billion. U.S. equity funds attracted $8 billion, the first net inflow in eight months. Life cycle funds attracted $10.6 billion.