Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Wirehouse Tightening Favors DFA, American Funds Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, July 30, 2014

Wirehouse Tightening Favors DFA, American Funds

News summary by MFWire's editors

The dance cards to the Fund Ball are getting a tad more exclusive.

Data from the research firm Market Strategies International shows that the wirehouses and RIAs are cutting down on their fund sponsor relationships, favoring a smaller group of providers than in the past, reports InvestmentNews.

The Market Strategies International data shows that advisers, on average, are placing 39 percent of their assets with a primary provider, compared to 33 percent last year. They are also working with an average of 10 fund firms, compared to 11 last year.

The circle tightening is favoring DFA and American Funds with flows. Other firms benefitting from the trend include Russell Investments, Ivy Funds, American Century Funds, T. Rowe Price and Goldman Sachs.

The fund firms that suffered with this trend were Pimco, and Blackrock

Edited by: Tommy Fernandez


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use