Investors were net purchasers of fund assets (including those of conventional funds and ETFs) for the first week in three, injecting a net $17.5 billion for the LSEG Lipper fund flows week ended Wednesday, October 25. However, the headline number is a bit misleading. Fund investors were net purchasers of money market funds (+$22.2 billion) and commodity funds (+$1.0 billion) while being net redeemers of fixed income funds (-$2.0 billion), alternatives funds (-$1.6 million), equity funds (-$1.2 billion), and mixed-assets funds (-$895 million) for the week.