Wed, Mar 21, 2018
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

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. John Paulson, once the industry's largest hedge fund, to return some investors' money[more]

    Komfie Manalo, Opalesque Asia: John Paulson is reported to be retuning some of his investors' money as a number of his hedge funds continue to suffer setbacks, reports

  2. DoubleLine's Gundlach sees U.S. 10-year Treasury yield rising, weighing on stocks[more]

    From Reuters/ Jeffrey Gundlach, the chief executive of DoubleLine Capital and known on Wall Street as the "Bond King," said on Tuesday the yield on the U.S. 10-year Treasury note will likely move higher and pressure riskier assets including equities and junk bonds. Gundlach, on an

  3. SEC charges Theranos CEO Holmes with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has charged Elizabeth Holmes, founder and CEO of Theranos and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about t

  4. Institutional Investors - Overdrawn pension fund scores gains[more]

    From Investments in big banks, pawn shops and rolling papers helped boost public safety workers' underfunded pensions this past calendar years, according to newly released figures. After recording middling returns in recent years, the Police & Fire Pension Fund (P&F) notched

  5. Hot hedge fund loses 21% after bet on volatility goes wrong[more]

    From In December, Shahraab Ahmad shared with his hedge fund clients the principle that helped him trounce peers for two turbulent decades: steer clear of the crowd. He'd turned $50 million into an operation with more than $700 million over three years and delivered market-beating retu