US mutual funds “flourished” since Trump election

The US mutual fund industry has “flourished considerably” since the election of Donald Trump as president a year ago.

The industry has seen growth both in terms of assets under management and performance, analysis by Thomson Reuters Lipper shows.

In the 12 months to September 30, 2017, equity funds (including ETFs) saw a 21.6% change in total net assets (a mix of performance and net flows), which is equal to $2.02 trillion.

Their total AUM came to a $11.39 trillion.

The overall change in assets – covering equities, bonds commodities and others – was 10.06%, equal to $2.9 trillion rise.

In terms of flows, bonds were the most favoured, with $337.2 billion flowing into them.

Performance has been the primary contributor to asset growth since the 2016 presidential elections,” says the Lipper report.

Many investors appear to be banking on the tax reforms and infrastructure development that was promised, the report says.

The ‘State of mutual funds one year after Donald Trump’s election’ report covers the past 12 months since Trump was elected on November 8, 2016.

©2017 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

Innovative US companies are providing some of the solutions to the climate crisis and transition to a more sustainable economy. We see potential opportunities in areas including renewable energy and…
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

IRELAND SPOTLIGHT

Visit our dedicated Ireland channel for all the latest news and analysis on the country's investment industry.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST