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

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

Rating:Active Inflows Are Back Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, December 18, 2020

Active Inflows Are Back

Reported by Neil Anderson, Managing Editor

Active funds swung back to positive net flows last month, while passive funds' inflows more than quadrupled.

This article draws from Morningstar Direct data on November 2020 open-end mutual fund and ETF flows.

On the active side of the business, J.P. Morgan (including Six Circles) remained in the lead for a fifth month in a row, with estimated net November active inflows of $5.845 billion, up from $4.973 billion in October. Other big November active inflows winners included: Vanguard, $4.13 billion (up from $2.721 billion); Ark, $2.829 billion (up from $2.084 billion); BlackRock, $2.34 billion; and MFS, $1.967 billion (up from $794 million).

On the passive side of the business, BlackRock kept the lead, thanks to an estimated $30.698 billion in net November passive inflows, up from $10.467 billion in October. Other big November passive inflows winners included: SSGA, $22.819 billion (up from $7.017 billion in net outflows); Vanguard, $15.355 billion (up from $10.101 billion); Fidelity, $11.043 billion (up from $6.866 billion); and Invesco, $5.913 billion (up from $2.991 billion in net outflows).

On the flip side, November was a rough month for DFA, which suffered an estimated $1.792 billion in net active outflows, more than any other active fund firm but down from $3.48 billion in October. Other big November active outflows sufferers included: Dodge & Cox, $1.703 billion (up from $1.652 billion); T. Rowe Price, $1.467 billion (down from $3.654 billion); Franklin Templeton, $1.372 billion (down from $2.675 billion); and Invesco, $1.325 billion (down from $2.285 billion).

On the passive side, ProShares took the outflows lead last month, suffering an estimated $1.42 billion in net November passive outflows, down from $1.022 billion in net October passive inflows. Other big November passive outflows sufferers included: Rafferty's Direxion, $730 million (up form $626 million); Principal, $506 million (down from $1.293 billion); USCF, $353 million (down from $368 million); and T. Rowe, $234 million (down from $435 million in net inflows.

Industrywide, 689 active fund families (down from 699 in October) brought in an estimated in $16.857 billion in net active inflows in November, up from $6.943 billion in net outflows in October. 327 of those firms gained net active inflows in November, up from 281 in October.

138 passive fund families (down from 142 in October) brought in an estimated $95.171 billion in net passive inflows in November, up from $22.583 billion in October. 73 of those firms gained net passive inflows in November. 

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
2024: Q4Q3Q2Q1
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:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. IDC Foundations for Fund Directors, Dec 4-5
  2. WE Boston - Women's Initiative Joint Holiday Networking Reception, December 4
  3. WE South - Wine Wednesday Holiday Celebration, December 4
  4. Nicsa webinar - Post-Election Insights: Impact on Global Policies, Markets, and Regulations, December 4
  5. WE Denver - 2024 Annual Holiday Party, December 5
  6. WE Washington D.C. - 2024 Holiday Dinner Event, December 5
  7. MFDF webinar - BDC Board Service 101, December 10
  8. MFDF webinar - ETF Product Trends: Board Implications, December 11
  9. MFDF webinar - Visually Mapping Board Composition: Skills Matrices in Fund Board Rooms, December 18
  10. MFDF webinar - 2024 Fair Valuation Pricing Survey: Building and Strengthening the Valuation Operating Model, January 7, 2025
  11. MFDF webinar - 15(c) White Paper Webinar Series: Part 2 – Board Processes, January 9, 2025
  12. MFDF webinar - AI and Fund Compliance, January 21, 2025
  13. MFDF In Focus - In Focus: Small Boards' Use of Skills Matrices, January 22, 2025
  14. FSI OneVoice 2025, January 27 - 29, 2025
  15. MFDF 2025 Directors' Institute, January 27 - 29, 2025
  16. 2025 ICI Innovate, February 3 - 5, 2025
  17. MFDF Director Discussion Series - Open Forum, February 10, 2025
  18. MFDF Director Discussion Series - Open Forum, February 11, 2025
  19. MFDF 2025 Fund Governance & Regulatory Insights Conference, March 6 - 7, 2025
  20. MFDF Director Discussion Series - Open Forum, April 2, 2025
  21. MFDF Director Discussion Series - Open Forum, April 15, 2025
  22. The 36th Sub-Advised Funds Forum, April 29 - 30, 2025
  23. Morningstar Investment Conference 2025, June 25 - 26, 2025
  24. MFDF Director Discussion Series - Open Forum, July 9, 2025




©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