Strategic Insight

60 Firms Marks 62% Increase from 2010; 25 Fastest-Growing Fund Managers Include Many Boutiques

Estimated 2011 long-term fund flows mark sharp drop from 2010 and 2009 figures. US long-term mutual funds see $7B net outflows in November 2011

Significant Investment Planned to Strengthen, Enhance and Expand Acquired FRC Products

US stock and bond mutual funds saw net inflows of $1.1 billion in October 2011, as taxable bond funds had their biggest monthly inflows since May. October marked the second consecutive month of net inflows to long-term funds, said Strategic Insight.

US mutual fund investors withdrew an estimated $5 billion out of U.S. stock and bond mutual funds in September 2011, and $55 billion in the third quarter of 2011, said fund research and data provider Strategic Insight.

Nervous investors redeemed an estimated $34 billion in net cash out of US stock and bond mutual funds in August 2011 (excluding ETFs and funds underlying variable annuities), reflecting a volatile month, said research firm Strategic Insight.

Uncertainty over the economy accelerated in July, causing US investors to net redeem $16 billion out of US stock and bond mutual funds, according to Strategic Insight. July 2011 redemptions equaled about 0.2% of assets held in stock and bond funds.

In a month that experienced difficult market conditions (the S&P 500 and MSCI EAFE both declined), US mutual fund investors net redeemed $2 billion in cash out of US stock and bond mutual funds in June 2011, says Strategic Insight.

US mutual fund investors added about $24 billion in net new cash to US stock and bond mutual funds in May 2011, down slightly from April's flows, demonstrating a rise in investors’ anxiety over future economic growth, said Strategic Insight.

No Load shares accounted for 47% of total fund sales during 2010 among managers primarily selling through financial advisors, rising significantly from 42% in 2009, according to a new Strategic Insight study.