MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, December 7, 2010 ETF Flows Slowed In November, But Not for Vanguard Exchange-traded funds flows slowed in November but a few firms still saw infows. Overall, ETF flows dropped to $10.5 billion in November from $12.1 billion in October, Barron's reports. Domestic equity flows jumped to $5.9 billion from $3.1 billion last month while global flows dropped to $3.6 billion from $8.3 billion. However, Vanguard's [see profile] flows reportedly showed no signs of slowing down at $6.8 billion, up from 43 percent last month. For its part, BlackRock [see profile] saw flows of $1.3 billion, driven by outflows in Barclays Global Investors bond products, as well as diverging flows in MSCI Emerging Markets Index Fund (negative $619 million) compared to Vanguard MSCI Emerging Markets ETF (positive $1.74 billion). Over the last two months, Vanguard's flows have been 146 percent better than BlackRock's, according to the National Exchange. Other firms with positive flows include Schwab [see profile], which reported ETF flows of $205 million compared to $170 million last month, and Wisdom Tree [see profile] (positive $490 million). Printed from: MFWire.com/story.asp?s=35329 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |