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Monday, July 1, 2013 Will $13B in ETF Outflows Help Mutual Funds? The ETF bond market bled $13 billion in June, bringing U.S. listed ETFs down around 5 percent to $1.4 trillion, IndexUniverse's Olly Ludwig reports. The volatility following the Ben Bernanke's announcement hit international equities especially hard. Redemptions in those ETFs totaled nearly $9 billion. U.S. bond funds didn't do much better, however, with $7 billion in outflows recorded for the month. The ETF volatility begs the question: How long will investors flock to mutual funds in the aftermath of the Fed announcement? “I think this may not be the only outflows month in 2013, but the merits of an ETF vs. mutual fund are still there,” said Todd Rosenbluth, an analyst at S&P Capital IQ in New York, who focuses closely on ETFs.here. Printed from: MFWire.com/story.asp?s=44639 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |