Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Have Shifting Mutual Fund Flows Reached a Tipping Point? Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, January 11, 2016

Have Shifting Mutual Fund Flows Reached a Tipping Point?

Reported by Neil Anderson, Managing Editor

RIAs, not independent broker-dealers and wirehouses, are the hot mutual fund sales channel now.

Frank Polefrone, senior vice president of product development for Broadridge's Access Data unit, tells MFWire that for the first 11 months of 2015, the RIA channel stood out among intermediary channels by increasing long-term mutual fund AUM by $30 billion through November 30, 2015.

Frank Polefrone
Access Data
Senior Vice President of Product Development
"It's also the only channel ending Q3 that had a positive increase in assets for both ETFs and long-term funds [looking back 12 months]," Polefrone says. "It's a trend we've been watching for a while. I don't know that the trend is surprising anybody but I think we've reached a tipping point."

The wirehouse and indie B-D channels, by comparison, saw decreases in long-term mutual fund AUM in the first 11 months of 2015. Those decreases more than countered the gains in the RIA channel.

ETF AUM across all channels rose by $156 billion, 7.5 percent, from January 1, 2015 through November 30, 2015. $43 billion of that increase was in the wirehouse channel, an increase second only to the RIA channel, and another $30 billion was in the indie B-D channel. Polefrone notes that earlier in 2015, for the first time ever in the retail channels, ETFs added more assets on an absolute basis (not just by percentage) than mutual funds added.

"Overall management of assets is so much more in portfolios and models these days as opposed to directly," Polefrone says. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2025: Q1
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. MMI webinar - Enhancing the Advisor Experience, January 16
  2. MFDF webinar - AI and Fund Compliance, January 21
  3. MFDF In Focus - In Focus: Small Boards' Use of Skills Matrices, January 22
  4. IDC webinar - SEC Enforcement Trends: What Fund Directors Should Know, January 23
  5. ICI webinar - Legal and Compliance Career Opportunities in the Asset Management Industry, January 24
  6. FSI OneVoice 2025, Jan 27-29
  7. MFDF 2025 Directors' Institute, Jan 27-29
  8. Nicsa webinar - An Intro to Irish and Luxembourg Investment Platforms for US Asset Managers, January 29
  9. WE South - Dallas | Texas Stock Exchange, Politics, & Product Development, January 30
  10. 2025 ICI Innovate, Feb 3-5
  11. Nicsa webinar - AI In Operations: Boosting Productivity for Wealth & Asset Management Firms, February 5
  12. MFDF In Focus: Understanding Distribution - What the Data Can Tell You, February 6
  13. MFDF Director Discussion Series - Open Forum, February 10
  14. MFDF Director Discussion Series - Open Forum, February 11
  15. MMI Darden-in-Residence II, Feb 24-6
  16. 2025 MMI RIA Forum, February 27
  17. IDC Core Responsibilities of Fund Directors, February 27
  18. Citywire Scottsdale CIO Summit 2025, Feb 27-28
  19. Expect Miracles In Manhattan 2025, February 27
  20. T3 Technology Conference 2025, Mar 3-6
  21. IMEA Distribution Intelligence Summit, Mar 4-5
  22. Nicsa 2025 Strategic Leadership Forum, Mar 5-7
  23. Citywire Pro Buyer New York Due Diligence Retreat 2025, Mar 6-7
  24. MFDF 2025 Fund Governance & Regulatory Insights Conference, Mar 6-7
  25. MFDF 15(c) White Paper Webinar Series: Part 3 - Gartenberg Factors Analysis and Challenges, March 12
  26. ICI Investment Management Conference, Mar 16-19




©All rights reserved to InvestmentWires, Inc. 1997-2025
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use