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Thursday, September 27, 2007|
SSgA Blows Away the Competition in FRC's August Inflows Report
FRC has released the monthly fund flows for August, and State Street Global Advisors is the big story. SSgA was the number one selling fund group for the month, taking in $14.51 billion in August and capturing the number six spot on the year-to-date rankings. In the seven months leading up to August, SSgA wasn't even in the top 20 YTD rankings.
The next best selling fund group, Vanguard, took in $3.29 billion, almost one-fifth less than SSgA. Rounding out the top five best selling groups were; American Funds with $3.28 billion, Evergreen with $1.69 billion, and Dimensional Funds Advisors with $1.24 billion.
Dropping out of the top 5 from July were; Dodge & Cox, falling from number 5 in July to number 10 in August and T.Rowe, going from number 4 in July to number 13 in August.
Printed from: MFWire.com/story.asp?s=15917
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