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

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

Rating:GSAM Roars, and BlackRock Retakes the Lead Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, September 14, 2018

GSAM Roars, and BlackRock Retakes the Lead

Reported by Neil Anderson, Managing Editor

For the first time since May, Vanguard is not winning the flows race.

The information within this article draws from Morningstar Direct data on August 2018 open-end mutual fund and ETF flows (excluding money market funds and funds of funds), and focuses specifically on firms with more than $100 billion in mutual fund and ETF AUM.

BlackRock retook the lead in August, bringing in an estimated $15.727 billion in net inflows, nearly quadrupling its $4.241 billion in July inflows. Other big August winners included: Vanguard, $8 billion (down from $15.441 billion in July); Goldman Sachs, $7.655 billion (up from $890 million); J.P. Morgan, $4.265 billion (up from $1.509 billion); and Charles Schwab, $2.714 billion (up from $2.641 billion).

Proportionately, among the biggest fund firms, Goldman took the lead in August, with estimated net inflows equivalent to 7.37 percent of its AUM (up from 0.93 percent in July). Other big August winners, proportionately, included: Lord Abbett, 1.34 percent (up from 0.96 percent); J.P. Morgan, 1.3 percent (up from 0.47 percent); Schwab, 1.29 percent (down from 1.3 percent); and BlackRock, 0.92 percent (up from 0.25 percent).

On the flip side, August was a rough month for SSgA, which suffered an estimated $8.336 billion in net outflows, down from $10.383 billion in net inflows in July. Other big sufferers in August included: Franklin Templeton, $2.161 billion (down from $2.747 billion); Columbia Threadneedle, $1.719 billion (up from $1.002 billion); T. Rowe Price, $1.315 billion (up from $1.182 billion); and American Century, $1.21 billion (down from $1.973 billion).

Proportionately, among the biggest fund firms, SSgA also suffered the most, with net outflows equivalent to 1.25 percent of its AUM (down from 1.57 percent in net inflows in July). Other big sufferers included: Columba Threadneedle, 1.09 percent (up from 0.64 percent); American Century, 1.06 percent (down from 1.74 percent); and John Hancock, 0.71 percent (up from 0.34 percent).

As a group, fund families with at least $100 billion in AUM per family brought in an estimated $28.713 billion in net inflows in August, equivalent to 0.19 percent of their combined AUM.

Across the whole industry, long-term open-end mutual funds and ETFs brought in a combined $22.219 billion in estimated net inflows in August, equivalent to 0.12 percent of their combined AUM. That's down from $31.915 billion in July. 

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
2025: Q3Q2Q1
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. IMEA webinar - Catch the AI Wave: A Practical Guide to Moving From Experimentation to Impact, August 4
  2. MFDF Director Discussion Series - Open Forum (Columbus, Ohio), August 20
  3. Samfund Soiree Boston 2025, August 21
  4. MFDF webinar - The Audit Committee Chair's Guide to Balancing Duties and Emerging Issues, September 3
  5. ICI ETF Conference, Sep 8-10
  6. Nicsa webinar - Reimagining Reconciliation: AI, Regulation, and Capital Markets Transformation, September 10
  7. MFDF webinar - Series Trust Funds - Compliance and Board Reporting, September 10
  8. MFDF In Focus - Board Oversight of DEI in Current Landscape, September 11
  9. MFDF webinar - MFDF 15(c) White Paper Webinar Series: Part 4 – Enforcement Action Takeaways, September 16
  10. MFDF webinar - Latest in Closed-End Funds Litigations, September 23
  11. MFDF webinar - Fixed Income Insights: Navigating Market Trends & Opportunities, September 24
  12. IMEA Portfolio Construction Roundtable, September 24
  13. Expect Miracles Atlantic Coast Classic 2025, September 29
  14. MFDF webinar - Risk Management Essentials for RICs and Boards, September 29
  15. MFDF webinar - Diligent - Tools for Fund Board Book, October 1
  16. 10th annual Fuse Forum, October 8
  17. MFDF webinar - Essential Strategies in Board Oversight of Operational Risk Management, October 14
  18. 2025 MMI Annual Conference, Oct 15-17
  19. MFDF webinar - Series Trust Funds - Effective Board Relationships with Advisers, October 15
  20. MFDF In Focus webinar - Audit Committee Chair, November 5
  21. 2025 Nicsa Asset & Wealth Management Summit, Nov 11-12
  22. MFDF webinar - Mutual Fund CCO Compensations: The MPI Annual Survey Update, November 13
  23. MFDF 2026 Directors' Institute, January 26 - 28, 2026
  24. MFDF 2026 Fund Governance & Regulatory Insights Conference, March 5 - 6, 2026




©All rights reserved to InvestmentWires, Inc. 1997-2025
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use