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 2020      9/15/2020
  Active long-term funds have continued a gradual recovery from the depths of early 2020, attracting net inflows of $22.3 billion during August, a notable increase from the $11.9 billion garnered during the prior month. Mutual funds regained a more substantial lead, pulling in net flows of $16.7 billion compared to $5.6 billion for active ETFs. Passive long-term funds witnessed moderate inflows of $14.9 billion in August, down from the $36.1 billion brought in during July thanks to a sharp divide between mutual funds and ETFs. Index ETFs gathered net inflows of $22.9 billion in August after net deposits of $36.4 billion in July. Mutual funds meanwhile saw outflows spike from $348 million in July to $8.0 billion in August.
Monthly Highlights: July 2020      8/14/2020
  Actively-managed long-term funds witnessed positive inflows of $11.8 billion in July 2020, having seen net deposits of $29.3 billion in June. While assets have rebounded, active funds are in outflows in the YTD period at $228.9 billion. Mutual funds only narrowly outpaced demand for active ETFs in the quarter, with net deposits of $6.2 billion for mutual funds and $5.6 billion into active ETFs. The $36.1 billion of inflows captured by passive funds in July closely lined up with net deposits of $33.5 billion experienced in June. ETFs continued as the primary vehicle for passive inflows, pulling in net flows of $36.4 billion as index mutual funds saw minor outflows of $354 million.
Monthly Highlights: June 2020      7/17/2020
  Active long-term funds have witnessed a gradual recovery across the second quarter and saw inflows of $28.9 billion in June, up from inflows of $21.3 billion in May. Net flows for the first half of the year remained sharply negative at $241.4 billion. Index funds collectively gathered inflows of $33.5 billion in June, up significantly from the $11.8 billion garnered in the prior month. ETFs paced passive flows for the month, pulling in net commitments of $41.8 billion against outflows of $8.4 billion from passive mutual funds.
Monthly Highlights: May 2020      6/15/2020
  Active long-term funds experienced a substantial rebound across May, gathering inflows of $20.0 billion after net redemptions of $18.8 billion in April. Mutual funds led for active funds with net commitments of $14.1 billion while active ETFs gathered inflows of $5.9 billion. Passive funds continued to experience positive inflows in May, though at a reduced rate from April. Inflows into indexed mutual funds and ETFs totaled $11.8 billion in May against $32.8 billion in April.
Monthly Highlights: April 2020      5/15/2020
  Active long-term funds remained in net outflows in April at $19.1 billion. While those outflows extended across multiple asset classes, they were far from March’s record-setting outflows of $303.4 billion. Passive mutual funds and ETFs saw a recovery in flows that surpassed March’s outflows. Passive inflows totaled $32.8 billion, compared to outflows of $25.9 billion last month. ETFs led inflows for the month at $36.0 billion, up from inflows of $3.6 billion in March.