January 2018 Report Key Trends - US Monthly Fund Highlights

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Active long-term mutual funds and ETPs experienced US$24.4 billion in net inflows in January 2018, a substantial turnaround from the US$26.8 billion in net redemptions seen in December 2017.

Inflows into active Taxable Bond funds paced demand, attracting US$24.7 billion of net commitments. American Funds and PIMCO were the leading active bond mutual fund managers for January at US$5.3 billion and US$5.0 billion, respectively. 

Passive mutual funds and ETPs garnered net new flows of US$96.8 billion in January, up from US$63.7 billion in December 2017. Such passive demand was led by ETFs, which attracted US$68.2 billion of net deposits to start 2018. 

US Equity led passive net deposits at US$43.4 billion. Large Blend funds accounted for the highest US Equity inflows within both passive mutual funds (US$6.6 billion) and ETFs (US$25.7 billion). Fidelity served as the top inflow-gathering manager among index US Equity mutual funds (US$5.5 billion) while State Street Global led US Equity ETF flows with US$20.3 billion.