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: May 2019      6/19/2019
  Active long-term funds continued to experience outflows in May, albeit at a significantly moderated pace. Net outflows totaled $2.3 billion, compared to the more drastic $16.7 billion in outflows seen in April. Net deposits into passive funds saw significant pullback during May, as inflows totaled $6.3 billion against $51.9 billion in April. This decline occurred across asset classes, but was seen most strongly among ETFs.
   
Monthly Highlights: April 2019      5/17/2019
  Active long-term outflows heightened during April, reaching levels of $16.8 billion following net investor withdrawals of $6.9 billion in March. Net deposits into passive funds grew from $44.9 billion in March to $51.2 billion in April. ETFs grew net inflows to $29.0 billion from $21.8 billion in March and were the leading inflow passive vehicle for the month. Mutual fund inflows were mostly in line with the previous month, garnering $22.2 billion in April and $23.1 billion in March.
   
Monthly Highlights: March 2019      4/17/2019
  Active long-term flows experienced a substantial reversal in flows for the month, seeing outflows of $9.2 billion after inflows of $12.0 billion in February. Passive net flows in March saw a minor increase over February, growing to $44.9 billion from $42.3 billion the prior month. Mutual funds held the lead among indexed vehicles at $23.1 billion, though ETFs were close behind at $21.8 billion. Both saw minor increases from the past month at $21.8 billion and $20.5 billion, respectively.
   
Monthly Highlights: February 2019      3/15/2019
  Long-term active funds continued to experience positive net new flows in February ($11.6 billion) though at a lower level than January ($12.8 billion). Net deposits increased substantially for passive funds in February, growing to $42.3 billion from $19.8 billion in January. Mutual funds continued to experience the highest inflows at $21.8 billion but exchange-traded funds saw a significant rebound from the previous month. Passive ETF inflows totaled $20.4 billion in February after experiencing outflows of $5.4 billion.
   
Monthly Highlights: January 2019      2/15/2019
  Long-term active funds saw a drastic improvement in flow activity compared to December 2018. Net deposits totaled $12.3 billion in January after record-setting outflows of $171.4 billion in December. Passively-managed funds continued to experience net inflows during January at $19.8 billion, though this was a decrease from $56.7 billion seen during December. Mutual funds were the leading inflow vehicle for the month, garnering $25.2 billion against outflows of $5.4 billion from ETFs. This was a significant turnaround from December, when ETFs brought in net commitments of $45.3 billion compared to $11.5 billion for mutual funds.