Fund inflows hit $24.6 billion in March

Domestic-equity funds posted net inflows of $17.5 billion and government funds had nearly $3 billion.
APR 25, 2008
Stock and bond funds posted net inflows of $24.6 billion in March, according to data from Financial Research Corp. of Boston. Domestic-equity funds had the strongest month, posting net inflows of $17.5 billion, followed by government funds, with nearly $3.0 billion in net inflows. Among the categories tracked by Morningstar Inc. of Chicago, large-blend funds had net inflows of $20.1 billion. Funds in the intermediate-term-bond and world bond categories rounded out the list, with $5 billion and $3.5 billion in net inflows, respectively. American Funds Investment Co. of Los Angeles led all companies, with $1.08 billion in new assets. The Vanguard Group Inc. of Malvern, Pa. and Fidelity Investments of Boston rounded out the top three, with $1.03 billion and $838 million in new assets, respectively.

Latest News

Advisor moves: Atlas tops $1B as Wells Fargo, UBS add bank veterans
Advisor moves: Atlas tops $1B as Wells Fargo, UBS add bank veterans

Wells Fargo adds two bank-channel recruits, UBS lands a JPMorgan Chase veteran, and a multi-family office lifts Atlas past $1B

Advisor mom’s son used her password to log into clients’ accounts, sell deal with conflicts, according to Washington state
Advisor mom’s son used her password to log into clients’ accounts, sell deal with conflicts, according to Washington state

“The state comes down on you in years when you make 40% returns for clients,” said Bill Swayne, the advisor and son of Candace Swayne.

Osaic in talks with Anthropic as AI reshapes advisor workforce
Osaic in talks with Anthropic as AI reshapes advisor workforce

The Independent broker-dealer giant has had “active conversations” with the Claude maker, which is days away from its expected IPO

The retirement milestone advisors aren't tracking
The retirement milestone advisors aren't tracking

For Gen X clients entering life after work, answering the financial question isn't enough to solve the entire retirement equation.

Wealthtech firms target stock pay, pensions and heirs for advisors
Wealthtech firms target stock pay, pensions and heirs for advisors

Tools from Grantd, Income Lab and Healthspan Wealth aim to keep RIAs involved in clients’ biggest money decisions

SPONSORED Best Practices for Engaging Women Around Alternatives

Growing wealth, evolving priorities, and untapped opportunities are reshaping how women approach long-term investing.

SPONSORED Built on insurance experience to deliver on long-term promises

Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.