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

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

Rating:Blackstone Wins, Proportionately Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, July 19, 2019

Blackstone Wins, Proportionately

Reported by Neil Anderson, Managing Editor

A private equity firm led the mutual fund industry in net inflows last month, at least pound for pound.

This article draws from Morningstar Direct data on June 2019 open-end mutual fund and ETF flows, excluding money-market funds and funds of funds.

Blackstone took the lead last month, with estimated net June inflows of $134 million per up, up from $21 million per fund in May. Other big June winners included: Edgewood, $105 million per fund (up from $37 million per fund); SSgA, $55 million per fund (up from $88 million per fund in net outflows); WCM, $53 million per fund (down from $54 million per fund); and Akre, $50 million per fund (down from $77 million per fund).

On the flip side, last month was a rough one for Dodge & Cox, which suffered an estimated $189 million per fund in net June outflows, more than any other fund firm and down from $4 million per fund in net May inflows. Other big June sufferers included: Primecap, $138 million per fund (up from $81 million per fund); Sound Shore, $64 million per fund (up from $12 million per fund); Harris' Oakmark, $50 million per fund (up from $26 million per fund); and Tweedy Browne, $41 million per fund (down from $78 million per fund).

The whole mutual fund and ETF industry (excluding money-market funds and funds of funds) brought in $1.119 million per fund in estimated net June inflows, up from $45,000 per fund in net May outflows. 

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

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
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:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use