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, May 17, 2019 A B-D Retakes the Lead A broker-dealer's proprietary, subadvised fund family regained the lead last month, pound for pound.
Edward Jones' Bridge Builder regained the lead last month, with estimated net April inflows of $133 million per fund, up from $55 million per fund in March. Other big April winners included: Morningstar, $100 million per fund (up from $1 million per fund in net outflows); Akre, $68 million per fund (up from $46 million per fund); Southeastern's Longleaf, $64 million per fund (up from $2 million per fund in net outflows); and Baird, $58 million per fund (down from $92 million per fund). On the flip side, last month was a rough one for Dodge & Cox, which suffered an estimated $205 million per fund in net April outflows, more than any other fund firm and down from $76 million per fund in net March inflows. Other big April sufferers included: Primecap, $196 million per fund (up from $33 million per fund); Harris' Oakmark, $85 million per fund (up from $23 million per fund); Causeway, $82 million per fund (down from $1 million per fund in net inflows); and Chiron, $47 million per fund (up from $32 million per fund). The whole mutual fund and ETF industry (excluding money market funds and funds of funds) brought in an estimated $1.2 million per fund in net April inflows, up from $1.1 million per fund in March. Printed from: MFWire.com/story.asp?s=59714 Copyright 2019, InvestmentWires, Inc. All Rights Reserved |
