DUHP - Once Again Both Conventional Fund And ETP Assets Under Management Declined In Q3 By A Combined $1.390 Trillion

Summary

• TNA in the conventional funds business declined 4.92%, dropping by $1.120 trillion from Q2 2022 to slightly more than $21.656 trillion for Q3 2022.
• The money market funds macro group witnessed the largest absolute and relative increase in TNA under management, jumping $7.8 billion (+0.18%) for the quarter to $4.299 trillion.
• Developed international markets funds witnessed the largest absolute decline in TNA, plummeting $220.9 billion (-9.90%) to $2.010 trillion at quarter-end.
• TNA in U.S. ETPs decreased 4.35% from $6.185 trillion for Q2 2022 to slightly more than $5.916 trillion for Q3 2022, a decline of $269.3 billion.
• For Q3, the short-/intermediate-term bond ETPs macro group witnessed the largest absolute (+$6.4 billion) increase in TNA (+1.01%) from the prior quarter-end, climbing from $634.1 billion for Q2 to $640.5 billion for Q3.

In this issue of Refinitiv Lipper’s U.S. Mutual Funds & Exchange-Traded Products Snapshot, we feature a summary of total net assets ((TNA)), estimated net flows, new fund creations, and fund liquidations for conventional funds and exchange-traded products (ETPs) for Q3 2022.

We compare the changes to those of prior quarters and highlight the largest individual gainers and losers of both groups. The Snapshot provides readers with a powerful, easy-to-use guide, and quick reference tool to help them discern fund trends during the quarter.

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