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

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

Rating:Which Fund Firms are Popular in the Indie B-D Channel? Not Rated 4.0 Email Routing List Email & Route  Print Print
Monday, January 24, 2011

Which Fund Firms are Popular in the Indie B-D Channel?

News summary by MFWire's editors

American Funds [see profile] is tops among fund families used in the independent broker-dealer channel, according to an InvestmentNews survey.

The trade pub polled 99 broker-dealers, 96 of whom said American Funds was among the three fund groups that their advisors sold or recommended the most to clients over the past year.

Franklin Templeton [see profile] came in second place, with 75 respondents mentioning the San Mateo, California-based fund firm, and OppenheimerFunds [see profile] was third, with 31 mentions.

Despite being a favorite among advisors, American Funds had $50 billion in net outflows in 2010, according to Fuse Research Network, which used Morningstar data. American Funds has $857 billion of assets under management.

"The firm's gross sales probably had it on the top of any broker-sold product list," Fuse founder Neil Bathon was quoted in the article as saying.  

Edited by: Hung Tran


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

4.0
 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




©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