Monthly Highlights

Every month we provide a snapshot of fund industry results and developments, using the latest available data from Strategic Insight, which is released roughly three weeks after each month-end

Clients can select from the latest Highlights below or from the list of all Monthly Highlights.

Monthly Highlights: November 2019      12/17/2019
  Actively-managed long-term funds saw outflows in November at $1.5 billion. Although net flows in November were negative, active funds had experienced substantially larger outflows over the preceding three months, such as the $8.2 billion withdrawn during October and outflows of $12.8 billion during September. Passive mutual funds and ETFs experienced strong demand from across the marketplace, pulling in substantial net deposits into US Equity, Taxable Bond, and International Equity funds. Net flows stood at $51.1 billion in November compared to $39.4 billion in the prior month.
Monthly Highlights: October 2019      11/19/2019
  Active outflows moderated slightly during October, with net redemptions of $9.2 billion compared to $13.3 billion in September. While bond inflows increased within taxable and tax-free bond funds, International Equity outflows deepened across the month. Passively-managed mutual funds and ETFs gathered strong inflows of $39.4 billion during October, though this did not reach the levels of $46.8 billion seen in September.
Monthly Highlights: September 2019      10/17/2019
  Active long-term funds saw net outflows increase slightly during September, reaching $13.6 billion after net redemptions of $11.3 billion during August. Passive funds experienced a significant rebound in flows during September, gaining inflows of $46.8 billion after a rare month of outflows at $1.1 billion in August. ETFs led inflows in September at $38.5 billion, having been primarily responsible for aggregate net redemptions during the prior month at $8.2 billion.
Monthly Highlights: August 2019      9/16/2019
  After having seen narrow inflows of $77 million during July, active long-term funds returned to outflows in August at $11.4 billion. August represented the first month since 2014 in which passive funds experienced aggregate monthly outflows. Index funds experienced net redemptions of $1.2 billion after inflows of $41.7 billion in July. Mutual funds continued to garner net inflows of $7.1 billion while ETFs were responsible for the space's overall outflows at $8.2 billion.
Monthly Highlights: July 2019      8/16/2019
  Outflows for active long-term funds moderated significantly during July. Active funds saw net redemptions of only $393 million after having experience a spike of $21.7 billion in outflows during June. Passive funds flows remained strongly positive at $41.7 billion in July, though this served as a slight decrease from $48.3 billion in June.