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

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

Rating:Three Firms Gobbled Half of Inflows in January Not Rated 4.0 Email Routing List Email & Route  Print Print
Tuesday, February 14, 2012

Three Firms Gobbled Half of Inflows in January

Reported by Neil Anderson, Managing Editor

As markets rebounded in January, long-term (i.e. non-money-market) mutual funds brought boasted $33.927 billion in net inflows. According to Morningstar's latest Fund Flows Update, 54.36 percent of that money flowed into just three firms: low-cost titan Vanguard [profile], which brought in $13.552 billion or 39.94 percent; JPMorgan [profile], $2.536 billion or 7.47 percent; and fixed-income star DoubleLine [profile], $2.358 billion or 6.95 percent.

That puts DoubleLine's one-year organic growth rate at 299.8 percent, followed by 14.2 percent for JPMorgan and 12.5 percent for Dimensonal Fund Advisors [profile], which added $2.004 billion in net inflows.

Meanwhile, U.S. stock funds bled $2.752 billion in net ouflows for the month, while $37.679 billion flowed out of money market funds. In its 31st consecutive month of outflows, American Funds [profile] suffered another $5 billion in net outflows. 

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

 Do You Recommend This Story?

Return to Top
 News Archives
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:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use