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 |
|
Friday, October 11, 2013 Vanguard Kicks More Ass Morningstar's flows results for the month of September are now available, and Vanguard won, again. The low cost juggernaut saw $3.247 billion of flows in September, leading to $6.454 billion of flows during the quarter and $64.367 billion of flows year-to-date. The firm now boasts nearly $1.8 trillion in AUM as a result. Top Ten Fund Firms in Terms of September Inflows: 1. Vanguard $3,246,801,499 2. Goldman Sachs $2,039,890,039 3. Dimensional Fund Advisors $1,649,584,250 4. MainStay $1,615,244,952 5. Oakmark $1,375,648,876 6. BlackRock $1,177,024,618 7.OppenheimerFunds $1,094,897,214 8. JPMorgan $1,052,814,617 9. Curian Series Trust $897,062,660 10. John Hancock $856,542,805 Several of the big houses saw outflows for the month. PIMCO saw nearly $6.5 billion in outflows, while American Funds saw $2.16 billion. Fido had $1.5 billion in redemptions. T. Rowe Price saw $1.1 billion and Franklin, $360 million. It's been a brutal five months for Pimco. The bond bastion has seen, since June, $38.2 billion in outflows, with $30.2 billion from the PIMCO Total Return. For more drill-down on the flows data, including stats on a number of specific funds, read the the Morningstar September report. Printed from: MFWire.com/story.asp?s=46393 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |