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, April 22, 2022 Inflows Per Fund Fall 81 Percent A B-D's multimanager, subadvised mutual fund arm took the lead last month proportionately. Yet industry inflows per fund fell 36 percent month-over-month (and 81 percent year-over-year).
Edward Jones' Bridge Builder led the way last quarter, thanks to an estimated $660 million per fund in inflows in the first three months of 2022. Other big Q1 2022 inflows winners included: Horizon Kinetics, $383 million per fund; Edgewood, $250 million per fund; Vanguard, $186 million per fund; and Tuttle, $118 million per fund. Bridge Builder also regained the monthly lead, thanks to an estimated $453 million per fund in net March 2022 inflows, up M/M from $116 million per fund in February 2022 but down Y/Y from $596 million per fund in March 2021. Other big March 2022 inflows winners included: Horizon Kinetics, $342 million per fund (up M/M from $33 million per fund, up Y/Y from $52 million per fund); and Teucrium, $73 million per fund (up M/M from $11 million per fund, down Y/Y from $3 million per fund in net outflows). On the flip side, Primecap led the outflows pack last quarter, thanks to an estimated $347 million per fund in net Q1 2022 outflows. Other big outflows sufferers included: Independent Franchise Partners, $213 million per fund; River Canyon, $147 million per fund; Akre, $145 million per fund; and Callahan Financial Services' Trust for Credit Unions, $91 million per fund. River Canyon took the outflows lead last month, thanks to an estimated $375 million per fund in net March 2022 outflows, down M/M from $167 million per fund in February 2022 inflows and down Y/Y from $15 million per fund in March 2021 inflows. Other big March 2022 outflows sufferers included: Primecap, $111 million per fund (up M/M from $106 million per fund, up Y/Y from $103 million per fund); and Edgewood, $95 million per fund (down M/M from $174 million per fund in net inflows, down Y/Y from $60 million per fund in net inflows). The whole long-term U.S. mutual fund and ETF industry (excluding money-market funds and funds of funds) brought in an estimated $2.733 million per fund in net Q1 2022 inflows. The industry brought in $732,000 per fund in net March 2022 inflows, down M/M from $1.141 million per fund in February 2022 and down Y/Y from $3.771 million per fund in March 2021. Printed from: MFWire.com/story.asp?s=64297 Copyright 2022, InvestmentWires, Inc. All Rights Reserved |
