1199 days ago • Posted by Charles-Henry Monchau
Chart of the day: U.S Mutual funds have bled roughly $469 billion of assets in 2020, on track for the worst year on record
Roughly $427 billion has poured into U.S. exchange-traded funds this year, divided almost evenly between equity and fixed-income funds, according to Bloomberg Intelligence data. Meanwhile, mutual funds have bled roughly $469 billion of assets in 2020, on track for the worst year on record in Investment Company Institute data going back to 1990 - source: Bloomberg Intelligence