Every three months, people who follow mutual funds could be forgiven for feeling like they're being completely bombarded by flows news from every firm to ever offer a fund.
Focus on Funds blog tried to synthesize
all of that noise into a digestible package yesterday, with writer Sam Mamudi detailing who did what in the last month of 2012.
It was, to be frank, a difficult month, with $11.2 billion in outflows from stock funds, after $9.9 billion in outflows in November.
Mamudi named a few specific fund shops that had particularly difficult months for stock funds:
— AllianceBernstein [profile] saw $120 million in outflows, an improvement over November's $300 million loss.
—Franklin Resources [profile] had $950 million in outflows, compared to $1.2 billion outflows in November.
—Janus [profile] had outflows of $1.1 billion, worse than the $840 million in November.
—Legg Mason [profile] also had $1.1 billion outflows, after losing $800 million in November.
—T. Rowe Price [profile] had $1.6 billion in ourflows. They broke even in November.
For more details, check out the original article
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