Sat, Jul 26, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Lipper report finds that investors duck for cover in closing months of 2011 with ETFs experiencing negative flows

Friday, December 30, 2011

amb
Tom Roseen
By Beverly Chandler, Opalesque London:

Research conducted by Lipper Research shows that fund investors took fright over the closing months of 2011, becoming net purchasers of fund assets for November but still investing $53.3 billion into the conventional funds business. Money market funds were the most popular funds while ETFs took the biggest hit.

Tom Roseen, Head of Research Services at Lipper and research analyst Matthew Lemieux found that 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 of November.

Roseen reports that 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. 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).

Roseen put the gloomy picture for funds down to the difficulties in the investment markets. "Equity funds were on a wild rollercoaster ride during the month as new European debt concerns sent investors running toward the doors. Re......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Events – AIMA Australian Hedge Fund Forum, Sept. 16, Sydney[more]

    AIMA Australia invite you to join us at our annual Hedge Fund Forum on Tuesday 16th September 2014 at the Sofitel Sydney Wentworth. The AIMA Australian Hedge Fund Forum is a non-profit hedge fund conference organised by the industry for the industry, featuring quality Australian and internation

  2. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  3. Opalesque Exclusive: Loeb, Grantham cite growing economic concerns in letters[more]

    Bailey McCann, Opalesque New York: Hedge fund manager Daniel Loeb, head of Third Point, and Jeremy Grantham of Grantham, Mayo, Van Otterloo & Co. have both released their quarterly investor letters today. While news is positive on some fronts, and both men see pockets of opportunity, they also h

  4. Investing – Hedge funds expect Netflix earnings to catapult forward, Third Point's Loeb takes stakes in Fibra Uno, YPF, Royal DSM, Lake Capital in talks to back Engine Group[more]

    Hedge funds expect Netflix earnings to catapult forward From Investing.com: Netflix has made major strides forward in 2014 despite ongoing battles with the FCC and cable companies over the issue of net neutrality. The FCC has now received over 500,000 comments from the public on its pend

  5. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag