02.18.20
Active Equity Funds Had Biggest Monthly Outflows Since 2008
by: Bernice Napach
An estimated $46 billion flowed from active equity mutual funds in January, their worst monthly outflows since the financial crisis and their biggest January outflows ever. Passive funds, including exchange-traded funds, meanwhile, attracted net inflows of $162 million last year. Both passive and active bond funds saw record net inflows of $457 billion. About two-thirds of that total flowed into active bond funds.
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