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: October 2018      11/15/2018
  Net redemptions from active long-term funds increased significantly during October. Net outflows totaled $57.7 billion, compared to $13.5 billion during September. Passive net flows remained positive at $18.6 billion during October, though at a reduced level from $40.3 billion in September. Mutual funds and ETFs traded positions among passive funds in October. Passive mutual funds grew net new flows to $15.4 billion, up from $10.8 billion in September. Conversely, ETF flows fell substantially, declining to $3.2 billion in October from $29.5 billion in September.
Monthly Highlights: September 2018      10/17/2018
  Net outflows from active long-term funds totaled $13.8 billion during September, a substantive total but down from $20.0 billion of net redemptions in August. Passive net deposits grew to $40.2 billion in September, from $33.9 billion during August. Indexed exchange-traded products led net new flows at $29.4 billion (versus $23.0 billion last month). Passive mutual fund flows in September totaled $10.8 billion, in line with the $10.9 billion seen in August.
Monthly Highlights: August 2018      9/18/2018
  Outflows from active long-term funds increased during August, reaching $20.0 billion compared to $9.0 billion during July. Aggregate net deposits into passive funds were down slightly from July, sliding to $33.1 billion from $38.3 billion last month. Index exchange-traded product net flows remained effectively the same across both months at $23.0 billion. Passive mutual fund inflows declined to $10.0 billion in August from $15.3 billion in July.
Monthly Highlights: July 2018      8/16/2018
  Active long-term funds continued to experience net outflows in July at $9.7 billion, though this was an improvement over the $18.3 billion in net redemptions that they had seen during June. Passive funds saw net deposits increase significantly during July, growing to $38.3 billion from $6.0 billion in June. ETPs experienced the largest turnaround with inflows of $23.0 billion in July against net flows of -$5.1 billion in June. While experiencing greater month-to-month volatility, passive ETPs ($119 billion) held a slight flow lead over passive mutual funds ($114 billion) during the first seven months of 2018.
Monthly Highlights: June 2018      7/17/2018
  Active long-term funds experienced significant net redemptions in June of $18.5 billion, a substantive reversal from the $615 million in inflows they garnered in May. June's outflows dragged active fund flows for the first half of the year into the negative at $11.4 billion. Net deposits into passive funds saw a drastic decline during June, falling to $6.0 billion from $35.5 billion in May. ETPs were chiefly responsible for this decline, experiencing net redemptions of $5.2 billion in June after net deposits of $25.5 billion in May. Passive mutual funds increased net flows over the course of June, growing to $11.2 billion from $10.0 billion in May.