MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, September 22, 2020 Ark's Flood Continues A Gotham active ETF boutique kept the lead last month, pound for pound, as industry inflows per fund climbed a bit.
Ark stayed on top, with estimated net inflows of $284 million per fund in August, up from $213 million per fund in July. Other big August inflows winners included: Spyglass Capital Management, $62 million per fund (up from $59 million per fund); EMQQ, $61 million per fund (up from $53 million per fund); Infinity Q, $50 million per fund (up from $39 million per fund); and Nuance, $45 million per fund (up from $6 million). In the first eight months of 2020, Edgewood topped the pack with an estimated $1.111 billion per fund in net inflows. Other big inflows winners, as of August 31, included: Ark, $920 million per fund; Edward Jones' Bridge Builder, $835 million per fund; Spyglass, $546 million per fund; and Infinity Q, $355 million per fund. On the flip side, August was another rough month for Primecap, which suffered an estimated $232 million per fund in net outflows, again more than any other fund firm but down from $245 million per fund in July. Other big August outflows sufferers included: IVA, $110 million per fund (up from $89 million per fund); Dodge & Cox, $98 million per fund (down from $107 million per fund); PFM Multi-Manager Series Trust, $86 million per fund (down from $1 million per fund in net inflows); and Longleaf Partners, $60 million per fund. Primecap also led the outflows pack for the first eight months of 2020, thanks to an estimated $2.393 billion per fund in net YTD outflows, as of August 31. Other big YTD outflows sufferers so far included: Dodge & Cox, $2.008 billion per fund; IVA, $544 million per fund; Blackstone, $461 million per fund; and FMI, $447 million per fund. The whole U.S. mutual fund and ETF industry, excluding money market funds and funds of funds, brought in an estimated $1 million per fund in net inflows. Yet YTD, as of August 31, the industry suffered an estimated $424,000 per fund in net outflows. Printed from: MFWire.com/story.asp?s=61902 Copyright 2020, InvestmentWires, Inc. All Rights Reserved |
