SGOV - Refinitiv Lipper U.S. Mutual Funds & ETPs Q3 2020 Snapshot: Assets Under Management Rise $1.024 Trillion For The Quarter
- TNA in the conventional funds business (excluding ETPs) rose 3.02%, climbing $655.4 billion from Q2 2020 to just a little less than $22.400 trillion for Q3 2020.
- The short-/intermediate-term bond funds macro-group (+$104.0 billion) had the largest draw of net new money for Q3, while the money market funds macro-group (-$213.5 billion) experienced the largest net redemptions.
- TNA in U.S. ETPs increased 8.43% from $4.375 trillion for Q2 2020 to slightly less than $4.744 trillion for Q3 2020.
- The short-/intermediate-term bond ETPs (+$104.0 billion) macro-group had the largest draw of net new money for Q3, while the emerging markets ETPs (-$1.0 billion) macro-group suffered the largest net redemptions.
- For Q3, actively managed funds—excluding money market funds—took in some $17.1 billion net, while their passively managed counterparts attracted $76.9 billion.
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Refinitiv Lipper U.S. Mutual Funds & ETPs Q3 2020 Snapshot: Assets Under Management Rise $1.024 Trillion For The Quarter