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

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

Rating:Who Gained Market Share In 2017? Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, February 2, 2018

Who Gained Market Share In 2017?

Reported by Neil Anderson, Managing Editor

2017 was a fantastic year for two fund firms above all others, and not just in absolute terms.

The market share data within this article draws from Morningstar Direct data.

Vanguard, the world's biggest mutual fund company (by AUM), and BlackRock, the world's biggest asset manager and the world's biggest ETF provider (both also by AUM), each gained significant market share (also by AUM) in 2017. Vanguard saw its market share rise 1.23 percent, from 22.59 percent at the end of 2016 to 23.83 percent at the end of 2017. BlackRock's rose to 7.37 percent, from 6.46 percent.

No other fund firm saw its market share rise by more than 0.16 percent, and only three others saw it rise at least 0.10 percent: Schwab, from 0.81 percent to 0.97 percent; DFA, from 2.1 percent to 2.22 percent; and SSgA, from 3.33 percent to 3.43 percent. Like Vanguard and BlackRock, all three of these gainers have big passive fund or ETF businesses.

On the flip side, Franklin Templeton was the biggest market share sufferer, falling from 2.52 percent of the market in AUM at the end of 2016 to 2.12 percent at the end of 2017. The other biggest sufferers were: J.P. Morgan, down from 1.82 percent to 1.68 percent; Columbia Threadneedle, down from 0.96 percent to 0.86 percent; and Wells Fargo, from 0.61 percent to 0.51 percent.

Last week M* released a report about industrywide flows, and MFWire highlighted the biggest winners and losers among the largest fund firms. Across the whole industry, long-term, active mutual funds suffered estimated net outflows of $6.991 billion, while money funds brought in net inflows of $107.096 billion and passive funds brought in $691.589 billion. Within long-term, active mutual funds, taxable bond funds, international equity funds, muni bond funds, liquid alts, and commodities funds all had net inflows in 2017, while U.S. equity funds, allocation funds, and sector equity funds all suffered net outflows. 

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
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. MFDF webinar - Visually Mapping Board Composition: Skills Matrices in Fund Board Rooms, December 18
  2. IMEA webinar - Driving Equity: The FARE Journey and Its Impact on Financial Services, December 19
  3. MFDF webinar - 2024 Fair Valuation Pricing Survey: Building and Strengthening the Valuation Operating Model, January 7, 2025
  4. MFDF webinar - 15(c) White Paper Webinar Series: Part 2 – Board Processes, January 9, 2025
  5. MFDF webinar - AI and Fund Compliance, January 21, 2025
  6. MFDF In Focus - In Focus: Small Boards' Use of Skills Matrices, January 22, 2025
  7. FSI OneVoice 2025, January 27 - 29, 2025
  8. MFDF 2025 Directors' Institute, January 27 - 29, 2025
  9. 2025 ICI Innovate, February 3 - 5, 2025
  10. MFDF Director Discussion Series - Open Forum, February 10, 2025
  11. MFDF Director Discussion Series - Open Forum, February 11, 2025
  12. Expect Miracles In Manhattan 2025, February 27, 2025
  13. Citywire Scottsdale CIO Summit 2025, February 27 - 28, 2025
  14. Nicsa 2025 Strategic Leadership Forum, March 5 - 7, 2025
  15. MFDF 2025 Fund Governance & Regulatory Insights Conference, March 6 - 7, 2025
  16. Citywire Pro Buyer New York Due Diligence Retreat 2025, March 6 - 7, 2025
  17. 2025 MMI Summit, March 27 - 28, 2025
  18. MFDF Director Discussion Series - Open Forum, April 2, 2025
  19. Envestnet Elevate 2025, April 9 - 10, 2025
  20. MFDF Director Discussion Series - Open Forum, April 15, 2025
  21. The 36th Sub-Advised Funds Forum, April 29 - 30, 2025
  22. Expect Miracles 6th Annual Distance Challenge, May 13 - 20, 2025
  23. Morningstar Investment Conference 2025, June 25 - 26, 2025
  24. MFDF Director Discussion Series - Open Forum, July 9, 2025




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use