MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, January 10, 2013 Will Equity Fund Outflows Slow Down This Year? Another analyst expects a good year for asset managers and a less bad year for equity managers in particular. Teresa Rivers, in Barron's "Focus on Funds" column, highlights a note issued yesterday by Roger Freeman of Barclays. Freeman predicted a seven percent gain in 2013 for the S&P 500, which in turn could shrink the gap between fixed income mutual fund inflows and equity mutual fund outflows. "While active equity products should continue to see outflows in 2013, we expect that low rates and rising equity markets will drive lower redemption rates, with signs of improvement on the flow front occurring later in the year," Freeman wrote. "Fixed income flows should continue to pace well, albeit at a slower pace." Barron's adds that Freeman's favorite traditional asset manager to take advantage of those trends and more is Invesco [profile]. Printed from: MFWire.com/story.asp?s=42636 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |