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, March 20, 2020 Back On Top After Two Months After a two-month break, a B-D's subadvised mutual fund is back on top of the industry, pound for pound.
Edward Jones' Bridge Builder regained the lead last month, with estimated net February inflows of $106 million per fund, up from $63 million in January. Other big February winners included: Aware, $75 million per fund (up from $1 million per fund in net outflows); Mercer, $59 million per fund (up from $12 million per fund in net outflows); Grayscale, $51 million per fund (down from $71 million per fund); and Vanguard, $48 million per fund (down from $103 million). On the flip side, last month was another rough one for Primecap, which suffered an estimated $227 million per fund in net February outflows, again more than any other fund firm and up from $193 million in January. Other big February outflows sufferers included: Dodge and Cox, $115 million per fund (up from $34 million); SSGA, $104 million per fund (up from $500,000); Chiron, $53 million per fund (up from $27 million); and Sound Shore, $41 million per fund (up from $20 million). The whole mutual fund and ETF industry, excluding money market funds and funds of funds, brought in an estimated $614,000 per fund in net February inflows, down from $2.006 million per fund in January. Printed from: MFWire.com/story.asp?s=61046 Copyright 2020, InvestmentWires, Inc. All Rights Reserved |
