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

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

Rating:A GA Alt Shop Leads In Inflows Per Fund Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, August 19, 2022

A GA Alt Shop Leads In Inflows Per Fund

Reported by Neil Anderson, Managing Editor

A liquid alts shop in the Southeast took the inflows lead proportionately last month as industry outflows per fund fell 79 percent.

David Pursell
Core Alternative Capital
Founder, CEO
This article draws from Morningstar Direct data on July 2022 open-end mutual fund and ETF flows, excluding money-market funds and funds of funds. (Other asset management products, like CITs and SMAs, are also not included.)

Core Alternative Capital took the lead last month, thanks to an estimated $93 million per fund in net July 2022 inflows, up month-over-month from $12 million per fund in June 2022 outflows and up year-over-year from $3 million per fund in July 2021 inflows. Other big July 2022 inflows winners included: Aspiriant, $73 million per fund (up M/M from $17 million per fund in net outflows, up Y/Y from $12 million per fund in net inflows); Ark, $47 million per fund (up M/M from $18 million per fund in net outflows, up Y/Y from $196 million per fund in net outflows); VS Trust, $43 million per fund (up M/M from $1 million per fund in net outflows); and Charles Schwab, $41 million per fund (up M/M from $13 million per fund, up Y/Y from $35 million per fund.)

So far in 2022, Advanced Series Trust leads the inflows pack, thanks to an estimated $2.927 billion per fund in net year-to-date inflows as of July 31. Other big YTD inflows winners included: Edward Jones' Bridge Builder, $685 million per fund; and Horizon Kinetics, $254 million per fund.

On the flip side, Edgewood led the outflows pack proportionately for a second month in a row last month, thanks to an estimated $247 million per fund in net July 2022 outflows, up M/M from $220 million per fund in June 2022 and down Y/Y from $179 million per fund in July 2021 inflows. Other big July 2022 outflows sufferers included: Spyglass, $155 million per fund (up M/M from $58 million per fund, down Y/Y from $62 million per fund in net inflows); Primecap, $49 million per fund (down M/M from $87 million per fund, down Y/Y from $63 million per fund); Callahan's Trust for Credit Unions, $42 million per fund (up M/M from $20 million per fund, down Y/Y from $1 million per fund in net inflows); and Sequoia, $40 million per fund (down M/M from $58 million per fund, down Y/Y from $66 million per fund).

Primecap still leads the 2022 outflows pack proportionately so far, thanks to an estimated $796 million per fund in net YTD outflows as of July 31. Other big YTD outflows sufferers included: Edgewood, $559 million per fund; and River Canyon, $394 million per fund.

The whole long-term U.S. mutual fund and ETF industry (excluding money-market funds and funds of funds) suffered an estimated $309,000 per fund in net July 2022 outflows. That's down M/M from $1.459 million per fund in June 2022, and it's down Y/Y from $1.704 million per fund in July 2021 inflows.

As of July 31, the industry has suffered an estimated $2.927 million per fund in net 2022 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
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




©All rights reserved to InvestmentWires, Inc. 1997-2022
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use