Lipper Thompson Reuters

Global Fund Industry Assets Under Management Dropped by a 4% in August

Date:

Global Fund Industry Assets Under Management Dropped by a 4% in August

Author: Fórmate a Fondo

  1. All asset types posted negative average returns with Equity funds performing worst at minus 6.9% on average in US$ terms, while Bond funds where hit most net redemptions wise with minus US$ 38 billion
  2. Global assets under management in the investment funds industry dropped by 4% in August and stood at US$ 34.7 trillion at the end of the month
  3. Money Market funds were able to attract US$ 28.5 billion in net new money. However, the trend into money market funds slowed from the previous month as the market waited, “on hold”