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: 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.
Monthly Highlights: June 2019      7/22/2019
  Active long-term funds saw a spike in outflows during June, led by equity net redemptions. Active funds experienced net withdrawals of $22.1 billion in June, compared to only $1.9 billion in outflows in May. Passive funds experienced a significant bounce in net deposits in June after a pullback in May. Net inflows totaled $48.2 billion in June against $6.3 billion in May.
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.