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FundFlows
Jan 19, 2012 |
Tom Roseen
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Investors Sit Pat in December, Injecting Only $18.4 Billion Net Into the Conventional Funds Business
• For the second consecutive month investors, injecting $18.4 billion into the conventional funds business, were net purchasers of fund assets for December. Once again, net inflows for bond funds (+$9.3 billion) and money market funds (+$33.9 billion) easily offset the $24.8-billion redemptions from stock & mixed-equity funds.
• For the eighth consecutive month investors were net redeemers of U.S. Diversified Equity Funds, withdrawing $18.5 billion. Large-cap funds (-$11.0 billion) experienced their fourteenth consecutive month of outflows. Only three of Lipper’s 4x3-matrix fund classifications attracted net new money: Multi-Cap Core Funds (+$1.2 billion), Large-Cap Growth Funds (+$0.2 billion) and Small-Cap Growth Funds (+$0.2 billion).
• For December stock & mixed equity ETFs posted net inflows of $10.2 billion while bond ETFs added $4.8 billion to their accounts.
• The SPDR S&P 500 ETF (SPY) attracted net inflows of $8.4 billion while SPDR Gold Trust (GLD) suffered redemptions of $2.2 billion.
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FundFlows
Dec 16, 2011 |
Tom Roseen
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Investors Duck for Cover During November, but They Inject $53.3 Billion Net Into the Conventional Funds Business
• For the first month in three investors, injecting $53.3 billion into the conventional funds business, were net purchasers of fund assets for November. Net inflows for bond funds (+$20.6 billion) and money market funds (+$54.9 billion) easily offset the $22.3-billion redemptions from stock & mixed-equity funds during the month.
• For the seventh consecutive month investors were net redeemers of USDE Funds, pulling out $13.4 billion. Large-cap funds (-$10.1 billion) experienced their thirtieth consecutive month of outflows. Only one of Lipper’s 4x3-matrix fund classifications attracted net new money: Multi-Cap Core Funds (+$2.0 billion).
• For November institutional investors once again made net purchases (+$2.7 billion) of World Equity Fund assets, while investors in loaded funds and no-load funds withdrew a net $3.8 billion and $2.7 billion, respectively.
• For the third consecutive month bond funds (+$20.6 billion) witnessed net purchases, and for the first month in four money market funds saw net inflows (+$54.9 billion).
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FundFlows
Nov 16, 2011 |
Tom Roseen
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Despite Relatively Strong October Returns for Equity Funds, Investors Remain Net Redeemers of Fund Assets
• For the second month in a row investors were net redeemers of fund assets for October, redeeming $20.2 billion from the conventional funds business. Net inflows from bond funds (+$11.3 billion) weren’t enough to offset the $10.9-billion and $20.5-bllion redemptions from stock & mixed-equity funds and money market funds during the month.
• For the sixth consecutive month investors were net redeemers of USDE Funds, pulling out $17.9 billion. Large-cap funds (-$7.8 billion) experienced their twenty-ninth consecutive month of outflows. None of Lipper’s 4x3-matrix fund classifications attracted net new money.
• For October institutional investors, bucking the trend, made net purchases (+$5.6 billion) of World Equity Fund assets, while investors in loaded funds and no-load funds withdrew a net $3.6 billion each.
• For the second consecutive month bond funds (+$11.3 billion) witnessed net purchases, while money market funds saw their second month of net outflows (-$20.5 billion).
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FundFlows
Oct 18, 2011 |
Tom Roseen
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With the Large Increase in Market Volatility in September, Investors Become Net Redeemers of Fund Assets
• For the third month in four investors were net redeemers of fund assets for September, removing $13.4 billion from the conventional funds business. Net inflows from bond funds (+$10.1 billion) weren’t enough to offset the $13.4-billion and $10.0-bllion redemptions from stock & mixed-equity funds and money market funds during the month.
• For the fifth consecutive month investors were net redeemers of USDE Funds, pulling out $13.9 billion. Large-cap funds (-$8.2 billion) experienced their twenty-eighth consecutive month of outflows. None of Lipper’s 4x3-matrix fund classifications attracted net new money.
• For September institutional investors made net purchases (+$6.0 billion) of World Equity Fund assets, while investors in loaded funds and no-load funds withdrew a net $2.1 billion and $14.4 million, respectively.
• For the seventh month in eight bond funds (+$10.1 billion) witnessed net purchases, while money market funds saw their sixth month of net outflows (-$10.0 billion) in seven months.
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FundFlows
Sep 19, 2011 |
Matthew Lemieux
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Conventional Fund Flows Are Just on the Plus Side as Investors Move To Money Market Funds
• For the first month in three investors were net purchasers of fund assets, injecting just $0.6 billion into the conventional funds business. Net outflows from stock & mixed-equity funds (-$54.4 billion) and bond funds (-$19.1 billion) almost matched the $74.2-billion injection into money market funds during the month.
• For the fourth consecutive month investors were net redeemers of USDE Funds in August, pulling out $38.2 billion. Large-cap funds (-$17.6 billion) experienced their twenty-seventh consecutive month of outflows. Of Lipper’s 4x3-matrix fund classifications, only Multi-Cap Core Funds (+$0.4 billion) attracted net new money.
• For August institutional investors were net redeemers (-$0.6 billion) of World Equity Fund assets, and investors in loaded funds and no-load funds withdrew a net $5.5 billion and $1.9 billion, respectively.
• For the first month in seven bond funds (-$19.1 billion) witnessed net redemptions for August, while money market funds saw their first net inflows (+$74.2 billion) in six months.
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FundFlows
Aug 16, 2011 |
Matthew Lemieux
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Fund Investors Redeem $129.5 Billion as Congressional Leaders Deadlock on the Nation’s Debt Ceiling
• For the second consecutive month investors were net redeemers of fund assets, withdrawing a record $129.5 billion from the conventional funds business. Outflows from stock & mixed-equity funds (-$31.2 billion) and money market funds (-$111.4 billion) overwhelmed the $13.1-billion injection into bond funds during the month.
• For the third consecutive month investors were net redeemers of USDE Funds in July, pulling out $29.9 billion. Large-cap funds (-$13.4 billion) experienced their twenty-sixth consecutive month of outflows. None of the 4x3-matrix fund classifications attracted net new money.
• Once again Institutional investors injected net new money (+$1.7 billion) into World Equity Funds (-$3.8 billion net), while investors in loaded funds and no-load funds redeemed $2.9 billion and $2.5 billion, respectively.
• For the sixth consecutive month bond funds (+$13.1 billion) witnessed net purchases for July, while money market funds saw their fifth straight month of net redemptions (-$111.4 billion).
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FundFlows
Jul 19, 2011 |
Matthew Lemieux
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Nervous Investors Redeem $41.8 Billion From the Conventional Funds Business in June
• For the first month in five investors were net redeemers of fund assets, withdrawing a net $41.8 billion from the conventional funds business. Flows from stock & mixed-equity funds (-$19.8 billion) and money market funds (-$43.1 billion) swamped the $21.2-billion injection into bond funds during the month.
• For the second consecutive month investors were net redeemers of USDE Funds in June, pulling out $21.9 billion. Large-cap funds (-$11.1 billion) experienced their twenty-fifth consecutive month of outflows. Multi-Cap Core Funds (+$0.9 billion) attracted the largest inflows of the macro-group.
• Institutional investors injected net new money (+4.3 billion) into World Equity Funds (+$0.2 billion net), while investors of loaded funds redeemed $3.0 billion.
• For the fifth consecutive month bond funds (+$21.2 billion) witnessed net purchases for June.
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FundFlows
Jun 16, 2011 |
Tom Roseen
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Despite Economic Worries, Investors Inject a Net $28.3 Billion Into the Conventional Funds Business in May
• For the fourth consecutive month investors were net purchasers of fund assets, injecting $28.3 billion into the conventional funds business. Flows into stock & mixed-equity funds (+$14.2 billion) and bond funds (+$20.8 billion) easily offset the $6.7-billion withdrawal from money market funds during the month.
• USDE Funds investors became net redeemers in May, pulling out $1.1 billion. Large-cap funds (-$4.5 billion) experienced their twenty-fourth consecutive month of outflows. Once again Equity Income Funds (+$1.7 billion) attracted the largest inflows of the macro-group.
• Institutional investors (+$7.0 billion) injected net new money into World Equity Funds (+$5.7 billion net), while investors of loaded funds redeemed $2.0 billion.
• For the second month in a row Mixed-Equity Funds (+$10.5 billion) attracted the largest inflows of the four equity macro-groups.
• For the fourth consecutive month bond funds (+$20.8 billion) witnessed net purchases in May.
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FundFlows
May 17, 2011 |
Matthew Lemieux
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Investors Inject Net New Money Into the Conventional Funds Business for the Third Consecutive Month
• For the third consecutive month investors were net purchasers of fund assets, injecting $27.3 billion into the conventional funds business. Flows into stock & mixed-equity funds (+$20.7 billion) and bond funds (+$13.8 billion) easily offset the $7.2-billion withdrawal from money market funds during the month.
• For the third month in four the USDE Funds macro-group (+$0.5 billion) witnessed net inflows. Large-cap funds (-$4.8 billion) experienced their twenty-third consecutive month of outflows. Once again Equity Income Funds (+$1.6 billion) attracted the largest inflows of the macro-group.
• Institutional investors (+$9.9 billion) injected net new money into World Equity Funds (+$6.6 billion net), while no-load fund and loaded fund investors redeemed $1.6 billion and $1.7 billion, respectively.
• For the third consecutive month bond funds (+$13.8 billion) witnessed net purchases in April.
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FundFlows
Apr 18, 2011 |
Tom Roseen
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Despite Continuing Geopolitical Concerns, Investors Remain Net Purchasers of Fund Assets in March
• For the second consecutive month investors were net purchasers of fund assets, injecting $13.4 into the conventional funds business. Flows into stock & mixed-equity funds (+$20.9 billion) and bond funds (+$7.4 billion) outweighed the $14.9-billion withdrawal from money market funds during the month.
• For the first month in three the USDE Funds macro-group (-$3.9 billion) suffered net redemptions. Large-Cap Core Funds (-$6.5 billion), Large-Cap Value Funds (-$1.6 billion), and Mid-Cap Growth Funds (-$0.6 billion) witnessed the only outflows for Lipper’s 4x3 matrix classifications.
• Institutional investors (+$9.5 billion) added the majority of the new money to World Equity Funds (+$10.5 billion net), while no-load fund investors injected $1.6 billion and load investors redeemed some $0.5 billion.
• For the second month in a row fixed income funds (+$7.4 billion) witnessed net purchases during the month.
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