Tagged

Lipper 2013 Q3 New Classification Discussion WebEx Replay

Published on 10 Oct 2013, by Jeff Tjornehoj
Jeff tjornehoj discusses the rationale behind the creation of several new Lipper classifications that were unveiled a few weeks ago. He also touches on a couple of suggestions that clients have made and where those stand in development.

Lipper 2013 Q3 Fixed Income Mutual Fund Performance Review WebEx Replay

Published on 10 Oct 2013, by Jeff Tjornehoj
First, it was Larry Summers refusing the Fed chairman role. Then, Bernanke and crew held back on tapering the Fed quantitative easing program. The combined effect of those two incidents would lift bonds and bond funds out of their funk and into a decent end to the quarter. Jeff Tjornehoj details the high points (and a few low ones) in this quarter's review of bond funds performance.

Lipper 2013 Q3 Equity Mutual Fund Performance Review WebEx Replay

Published on 10 Oct 2013, by Tom Roseen
Equity funds finished September up 4.65% (for their ninth best September performance in 50 years) and helped push equity funds' Q3 return to 7.32%, producing a fifth straight quarter of plus-side performance.Tom highlights investment trends for equity funds during Q3 2013 and provides his outlook for next quarter in this WebEx replay of Lipper's Third Quarter 2013 Fund Performance Review and Outlook.

Lipper 2012 Q3 Preliminary U.S. Fund Flows Review WebEx Replay

Published on 09 Oct 2012, by Matthew Lemieux
Matthew Lemieux reviews preliminary mutual fund flow numbers for the third quarter 2012 in this WebEx replay. Overall, U.S. conventional mutual funds posted net inflows of $101.9 billion, bolstered heavily by taxable fixed income funds (+$70.8 billion). Despite strong returns and a general increase in investor sentiment, U.S. diversified equity funds continued to bleed assets as the group reported net redemptions of $39.5 billion. Exchange-traded products continued to draw assets, posting $52.1 billion for the same period. Municipal bond funds added $31.6 billion to their accounts as money market funds (+$23.9 billion) also reported net inflows for the quarter.

Lipper 2012 Q3 Fixed Income Mutual Fund Performance Review WebEx Replay

Published on 09 Oct 2012, by Jeff Tjornehoj
Jeff Tjornehoj reviews the third quarter performance of fixed income funds. Statements by central bankers Draghi and Bernanke shook up bond markets and focused investors’ attention back on monetary policies and their positive effect on risky assets. Because the dollar fell over the quarter, ex-US fund strategies outperformed and with risk assets back in the driver’s seat lower-quality credits also led the performance charts at the expense of Treasuries and short-duration types.

Lipper 2012 Q3 Equity Mutual Fund Performance Review WebEx Replay

Published on 09 Oct 2012, by Tom Roseen
Tom Roseen highlights Q3 equity fund trends in this WebEx presentation. Despite the proverbial cloud hovering over the global market during the quarter, investors found a reason to cheer: central bank intervention. The on-again, off-again story surrounding Greece, Italy, and Spain from Q2 appeared to play into equity participants’ plans. Investors throughout the third quarter bet that global central bankers would do whatever it took to keep their individual economies on track. Quarterly equity fund performance was unexpectedly strong, with the average equity fund gaining 5.72%, erasing all of Q2’s loss (-5.19%).

Lipper 2011 Third Quarter Fund Flows Review WebEx Replay

Published on 10 Oct 2011, by Matthew Lemieux
Matthew Lemieux reviews preliminary mutual fund flow numbers for the third quarter 2011 in this WebEx replay. In line with expectations after a disastrous quarter for fund performance, the conventional mutual fund business experienced preliminary quarterly outflows of $125.0 billion. Equity Funds as a whole accounted for roughly $82.9 billion of that as U.S. diversified products posted redemptions of over $70 billion alone. Taxable bond funds were not immune to the sell-off as inflows to the group were nearly flat--a meager $162 million. Investors moved away from higher yields as the previous quarter’s top flows attractor, Loan Participation funds, experienced outflows of $8.2 billion and High Current Yield products lost roughly $3.0 billion. Municipal bond funds offered a bit of a bright spot with quarterly inflows of $1.5 billion as flows for money market funds continued to be volatile with net quarterly redemptions of $43.8 billion.

Lipper 2011 Third Quarter Fixed Income Mutual Fund Performance Review WebEx Replay

Published on 10 Oct 2011, by Jeff Tjornehoj
Serious concerns on the fate of Greece, European banks, and even the euro itself sent Treasury-related categories to the top of the performance charts in Q3. The "risk-off" trade forced High Yield and Emerging Markets Debt groups plunging. Jeff highlights these and other trends in his WebEx presentation.

Lipper 2011 Third Quarter Equity Mutual Fund Performance Review WebEx Replay

Published on 10 Oct 2011, by Tom Roseen
Equity Funds suffered their worst declines since Q4 2008, losing 17.44% for the quarter ended September 30, 2011. For the quarter, only 2 of Lipper's 86 equity fund classifications posted positive returns: Dedicated Short-Bias Funds (+29.82%) and Commodities Specialty Funds (+1.17%). World Equity Funds (-20.44%) lagged their Mixed Equity Funds (-10.08%), Sector Equity Funds (-15.36%), and U. S. Diversified Equity Funds (-16.67%) cohorts in Q3. Tom highlights Q3 trends in this WebEx presentation.

Lipper 2010 Third Quarter Equity Mutual Fund Performance Review WebEx Replay

Published on 11 Oct 2010, by Tom Roseen
A late-summer rally catapulted equity funds to their best gain (+12.52%) in five quarters and their strongest September return (+9.63%) since at least 1959. For the quarter all but 1 of Lipper's 79 equity fund classifications posted positive returns. At the top of the equity funds leader board were the Latin American Funds (+25.93%), Diversified Leverage Funds (+22.61%), and International Real Estate Funds (+22.60%) classifications. Tom highlights Q3 trends and provides his outlook in this WebEx presentation.

Lipper 2010 Third Quarter Fixed Income Mutual Fund Performance Review WebEx Replay

Published on 11 Oct 2010, by Jeff Tjornehoj
For the fixed income universe, third quarter's best performance was turned in by strategies that benefited from dollar weakness. The U.S. dollar index (TXA) sank over 7% to send Emerging Markets Debt Funds and International Income Funds up 9.23% and 9.22%, respectively. At the other end of the safety scale General U.S. Treasury Funds returned 3.70%. Jeff reviews the trends impacting fixed income mutual fund investors during the quarter.
1