MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, May 15, 2012 Investors Pour Two-Thirds of Inflows Into Vanguard and Pimco Vanguard [profile] and Pimco [profile] to gobble a massive percentage of the mutual fund industry's long-term flows. Reuters reports that, according to Morningstar data, $7.5 billion net flowed into Vanguard mutual funds in April, and another $6.4 billion flowed into Pimco ones, adding up to two-thirds of the $20.8 billion of net mutual fund industry inflows, excluding money market funds. $2.8 billion flowed into T. Rowe Price [profile] mutual funds and $817 million flowed into Franklin Templeton [profile] ones. On the negative side, $636 million flowed out of Fidelity [profile] and $4 billion flowed out of Capital Group's American Funds [profile]. Printed from: MFWire.com/story.asp?s=40009 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |