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Sales were down compared to February and one year ago

  • By: IE Staff
  • April 20, 2018 April 20, 2018
  • 15:40
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Declining financial markets trimmed industry assets under management

  • By: IE Staff
  • March 22, 2018 March 22, 2018
  • 11:50
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Net sales for the mutual funds industry climbed to $4.9 billion in January

Business and financial report with laptop Accounting economic

FRITS will accelerate industry group’s reporting and analysis capabilities

Mutual fund sales rose by 47% to $44.2 billion in 2017 while total AUM rose by 10.3% to $1.48 trillion

CI makes portfolio management changes

Investors exit bond funds

Net sales of bond and balanced funds show improvement

Despite the decline in overall net sales, equity funds enjoyed a solid turnaround during the month

Despite the weakening sales picture, mutual fund industry assets under management climbed by $8.3 billion

Mutual funds industry assets under management slip to $1.4 trillion