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

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

Rating:Flows Brighten, and Passive Titans Lead Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, August 13, 2018

Flows Brighten, and Passive Titans Lead

Reported by Neil Anderson, Managing Editor

After a rough June, the mutual fund industry's flows bounced back last month, though it was the passive titans that led the way.

The information within this article draws from Morningstar Direct data on July 2018 open-end mutual fund and ETF flows (excluding money market funds and funds of funds).

Vanguard kept the lead in July, thanks to estimated net inflows of $15.441 billion, nearly double its $7.356 billion from June. Other big July winners included: SSgA, $10.383 billion (up from $6.681 billion in net outflows); BlackRock, $4.241 billion (up from $8.759 billion in net outflows); Fidelity, $2.868 billion (down from $2.95 billion); and Edward Jones' Bridge Builder, $2.826 billion (down from $3.058 billion).

On the flip side, July was a rough month for Franklin Templeton, which suffered an estimated $2.747 billion in net outflows, up from $2.506 billion in June. Other big July sufferers included: American Century, $1.973 billion (up from $978 million); T. Rowe Price, $1.182 billion (up from $710 million); Brown Advisory, $1.047 billion (up from $321 million); and Columbia Threadneedle, $1.002 billion (up from $718 million.

Across the whole industry, mutual funds and ETFs brought in $31.915 billion in estimated net inflows in July, equivalent to about 0.17 percent of industry AUM (which reached $18.794 trillion as of the end of July). That's up from $23.037 billion in net industry outflows in June. 

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

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
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

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use