The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Clark Navigates Big Fund Flows Not Rated 1.0 Email Routing List Email & Route  Print Print
Wednesday, February 28, 2018

Clark Navigates Big Fund Flows

Reported by Neil Anderson, Managing Editor

Clark Capital Management's mutual funds led the small fund firm pack last month.

The fund flows information within this article draws from Morningstar Direct data on mutual fund and ETF flows in January 2018.

Clark's Navigator Funds brought in $1.801 billion in estimated net inflows in January, more than any other fund family with between $1 billion and $10 billion in AUM. Other top inflow shops in that range included: Blackstone, $445 million; KraneShares, $346 million; Pear Tree, $285 million; and Robo Global, $269 million.

On a relative basis, Navigator also took the small fund firm lead in January, with estimated net inflows equivalent to 63.59 percent of its AUM. Other big winners last month, proportionately, included: Ark, 22.17 percent; KraneShares, 16.33 percent; Robo Global, 11.14 percent; and Pacer, 8.9 percent.

On the flip side, January was a rough month for USCF, which suffered an estimated $376 million in net outflows, more than any other fund firm in the $1 billion to $10 billion AUM range. Other big sufferers last month included: Equinox, $163 million; Hotchkis & Wiley, $111 million; Hennessy, $109 million; and James Advantage, $106 million.

Proportionately, Equinox had the roughest January among small fund firms, suffering estimated net outflows equivalent to 15.27 percent of its AUM. Other big sufferers last month included: USCF, 11.45 percent; Boston Trust and Walden Funds, 4.74 percent; Fairholme, 4.53 percent; and RiverNorth, 3.92 percent.

As a group, fund families with between $1 billion and $10 billion in AUM each brought in $5.698 billion in combined net inflows in January, equivalent to 1.17 percent of their combined AUM. That's up from $1.225 billion in net outflows in December.

Last week M* released a report about industrywide flows in January, and MFWire highlighted the biggest winners and losers among the largest fund firms. Across the whole industry, long-term active mutual funds brought in an estimated $24.048 billion in net inflows in January, up from $7.81 billion in net outflows in December. Money funds swung to $47.881 billion in net outflows in January, and passive funds brought in $104.076 billion in net inflows. Within long-term active mutual funds, taxable bond funds, international equity funds, muni bond funds, liquid alts, commodities funds, and sector equity funds each had net category inflows in January, while U.S. equity funds and allocation funds suffered net outflows. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2021: Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

  1. ETF.com Awards 2020, April 20
  2. The 31st Sub-Advised Funds Forum, Apr 20-21
  3. IDC Virtual Roundtable: Florida - April 2021, April 20
  4. IMEA Marketing Council Roundtable | Engaging Advisors In a Virtual World, April 21
  5. MMI Summit 2021, Apr 21-22
  6. MFDF Director Discussion Series - Open Forum via Zoom (Northeast), April 21
  7. FIASI virtual event - ESG in Fixed Income: Shining a Light on Transparency, Apr 22-23
  8. IDC Virtual Roundtable: Alabama, Georgia, North Carolina, and South Carolina - April 2021, April 22
  9. IDC Webinar: The Future of the Workplace - April 2021, April 23
  10. IDC Virtual Roundtable: Arkansas, Louisiana, Mississippi, Oklahoma, Tennessee, and Texas - April 2021, April 27
  11. IMEA In Session - Post-Covid Sales Coverage, April 27
  12. MFDF Case Studies in Fund Oversight — A Virtual Roundtable for Directors, Apr 28-29
  13. IDC Virtual Roundtable: Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, and South Dakota - April 2021, April 29
  14. 44th Annual AIMSE Marketing & Sales Conference, May 2-4
  15. MFDF Director Discussion Series - Open Forum via Zoom (Southeast), May 5
  16. ICI 2021 General Membership Meeting - Day 1, May 6
  17. Emerging Manager Forum USA, May 12-14
  18. ICI 2021 General Membership Meeting - Day 2, May 13
  19. 2021 FINRA Annual Conference, May 18-20
  20. IDC Speaker Series - Abby Joseph Cohen: A Conversation About the State of the Global Markets, May 19
  21. 2nd annual ETFGI Global ETFs Insights Summit - USA, May 19-20
  22. MFDF Director Discussion Series - Open Forum via Zoom, May 19
  23. Irish Funds Online Annual Global Funds Conference 2021, May 19-20
  24. MFDF webinar - Fund Director Compensation: MPI Annual Survey (2021), May 20
  25. ICI 2021 Operations and Technology Conference, May 20
  26. MFDF webinar - Board Oversight of a Fund's Derivatives Risk Management and Fund Compliance With Rule 18f-4, May 24

©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use