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

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

Rating:Fund Flows Rise as a Newcomer Takes the Lead Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, October 16, 2018

Fund Flows Rise as a Newcomer Takes the Lead

Reported by Neil Anderson, Managing Editor

Net mutual fund inflows rose nearly 18 percent last month, proportionately.

This article draws from Morningstar Direct data on open-end mutual fund and ETF flows (excluding money market funds and funds of funds) from September 2018.

Argent Capital Management took the lead last month, bringing in an estimated $138 million into its sole mutual fund. Other big winners in September included: Primecap, $71 million per fund (down from $173 million in August); SSgA, $48 million per fund (up from $39 million per fund in net outflows); and Edward Jones' Bridge Builder, $47 million per fund (down from $381 million).

On the flip side, September was a rough month for Harbor, which suffered an estimated $33 million per fund in net outflows, up from $27 million in August. Other big September sufferers included: Independent Franchise Partners, $29 million per fund (down from $58 million per fund in net inflows); Robo Global, $29 million per fund (down from $51 million; Harris' Oakmark, $28 million per fund (up from $19 million); and Real Estate Management Services Group, $24 million per fund (up from $2 million).

Industrywide, the average ETF or long-term, open-end mutual fund brought in an estimated $644,000 in net inflows in September, up from $547,000 in August. Across the whole industry, funds brought in a combined $28.269 billion in estimated inflows in September, equivalent to about 0.15 percent of their combined AUM. That's up from $22.219 billion in August. 

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: Q2Q1
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




©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