Almost by definition, smaller or boutique money managers must do more with less. Enterprising boutiques that have a story to tell should periodically evaluate service relationships for “value-added” capabilities that could contribute to your firm’s success. In their latest white paper, Huntington Asset Services Jeff Young provides measurement tools to help your decision makers evaluate service providers.
Morningstar’s most recent U.S. Asset Flows Update is
once again dominated by two stories: the continued trend towards passively
managed equity funds, and fluctuations in the active taxable bond group. As
2014 draws to a close, the U.S. equity group continues to see inflows to the
passively managed side, while the actively managed side sees outflows.
Morningstar reports that over a trailing one year period passive equity funds
have increased by $156.1 billion, while active equities have shrunk $91.9 billion.
During November, the active taxable bond group saw its first
positive flow since August. Bill Gross’ exit from PIMCO in September set the
category on its ear, but confidence appears to be returning as investors begin
to explore other taxable-bond options.
are a great way to meet and strengthen relationships with financial advisors. They are also a great way to promote your brand. The
biggest benefit, though, is to support influential organizations such as Schwab or
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Many mutual fund firms want to grow beyond their existing client base. They want to generate demand through third parties such as Schwab, LPL or Merrill Lynch. Although obtaining selling agreements with these firms can be expensive and time-consuming, eventually most firms gain access.
Access, however, doesn't automatically mean sales. Competition with the largest name brands is fierce.
Do you have a good story to tell, but find that investors aren't paying as much attention as you'd like? Or perhaps you've been building your distribution and are looking for ways to improve your strategy?
The end of the year is the perfect time to think about what you accomplished and what you want to accomplish in the next twelve months. This checklist will help ensure you've thought through the major considerations to plan your distribution strategy for 2015.
Click for the full story written by SunStar's Dan Sondhelm featured in this week's Money Management Executive.
The departure of Bill Gross from PIMCO continues to play a
role in asset flows for Morningstar’s active taxable-bond category. As a whole,
the category lost $23.1 billion in October. Once the PIMCO Total Return fund is
extracted from the equation, though, active taxable-bonds gained $9.2 billion
last month. Bill Gross’ former fund dragged the entire category down with
outflows of $32.3 billion. Overall, bond flows seem to have regained stability
following Gross’ exit.
Passive U.S. equity funds maintained their popularity,
gaining $28.8 billion in October while actively managed funds saw outflows of
$9.4 billion. Meanwhile, international equity funds saw their first month of
outflows for 2014.
For the full report and Morningstar’s analysis, please click