Hints and tips:
Related Special Reports
...Hortense Bioy, global director of sustainability research for Morningstar, said despite the slowdown, green mutual funds were holding up better than the wider market....
...“There will be some schemes who like the idea that their members will be looked after by a mutual,” he said, aiming at the smaller pension fund end of the market....
...Fund providers in Europe that until recently saw little threat to their business model of selling actively managed mutual funds appear to be changing their tune....
...In a 2019 paper titled “Challenging the Conventional Wisdom on Active Management: A Review of the Past 20 Years of Academic Literature on Actively Managed Mutual Funds”, Martijn Cremers, Jon A Fulkerson...
...Pimco has proposed its first mutual fund-to-ETF conversion, according to a regulatory filing....
...their own mutual fund families, while TCW and F/m Investments have filed to add mutual fund classes to existing ETFs....
...to manage mutual funds as well....
...The firm’s ETFs, the first of which launched in 2013, would “probably cannibalise some of the mutual funds”, Johnson said, but mutual funds would remain popular in the retirement channel, she added....
...Eventually the mutual fund is dead.”...
...Many of Dimensional’s largest ETFs were launched as mutual funds, including its $25.3bn US Core Equity 2 ETF, $9.7bn US Marketwide Value ETF and $9.3bn US Targeted Value ETF....
...European mutual funds have never had two consecutive years of negative fund flows, data from Broadridge shows....
...ISS projected that active ETFs’ revenue will rise at a 16.5 per cent annualised rate from 2024 to 2028, outstripping its 11.1 per cent forecast for passive ETFs, 9.5 per cent for index mutual funds and 4.9...
...MFS launched the world’s first mutual fund in 1924 and is the ninth largest US mutual fund complex....
...Part of the problem is that investment advisors and mutual funds have been running just to stand still....
...Guinness Atkinson, the first firm to convert a mutual fund to an ETF, is the latest to file for permission to add ETF share classes to its mutual funds....
...Caxton’s Macro fund was down 9.2 per cent last year, while its flagship Global Investments fund lost about 1 per cent, investors said....
...“They are not coming from our mutual fund line-up....
...The number of model portfolios that are built purely from ETFs has risen by 30 per cent since the first quarter of 2022, Guillette said, with the number of mutual fund-only structures falling 8 per cent...
...The result is likely to be a significant decline in mutual fund usage,” wrote Rick Wurster, president of Charles Schwab, the broker and mutual fund sponsor....
...The London-based firm, headed by Andrew Law, lost 9.2 per cent in its Caxton Macro fund, while its flagship Caxton Global Investments fund lost about 1 per cent....
...“The funds will be chosen where the adviser believes the multi-class structure is in the best interest of the ETF class and mutual fund class individually, and the fund as a whole,” the filing states....
...Net new business of £23.1bn from wealth management, private markets and solutions was offset by outflows of £13.4bn from mutual funds and institutional mandates....
...Caxton’s macro fund was down 9.2 per cent, while its flagship Caxton Global Investments fund lost around 1 per cent. The macro fund takes more concentrated bets than the flagship....
...Firstly, many distribution platforms charge mutual funds — but not ETFs — a fee to be listed....
...At the end of December, passive US mutual funds and ETFs held about $13.3tn in assets while active ETFs and mutual funds had just over $13.2tn, according to data released by Morningstar....
International Edition