Our Privacy Statment & Cookie Policy

All LSEG websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.

July 22, 2020

Refinitiv Lipper U.S. Mutual Funds & ETPs Q2 2020 Snapshot: Assets Under Management Jump $3.3 Trillion

by Tom Roseen.

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 Q2 2020. We compare the changes to those of prior quarters and highlight the largest individual gainers and losers of both groups. The Snapshot provides readers a powerful, easy-to-use guide and quick reference tool to help them discern fund trends during the quarter.

Highlights:

  • For Q2 2020, the average equity fund and taxable fixed income fund posted a 20.22% and 5.45% return, respectively, which contributed to the big rise in assets under management.
  • TNA in the conventional funds business rose 13.45%, climbing $2.571 trillion from Q1 2020 to just a little less than $21.685 trillion for Q2 2020.
  • Once again, the money market funds (+$302.7 billion) macro-group had the largest draw of net new money for Q2, while the developed international markets funds (-$40.6 billion) macro-group witnessed the largest net redemptions.
  • TNA in U.S. ETPs increased 19.16% (+$703 billion) from $3.672 trillion for Q1 to slightly more than $4.375 trillion for Q2 2020.
  • The long-term taxable bond ETPs (+$44.7 billion) macro-group had the largest draw of net new money for Q2 of all the ETP macro-groups, while the U.S. diversified equity ETPs (-$12.6 billion) macro-group witnessed the largest net redemptions.
  • For Q2, actively managed funds—excluding money market funds—took in some $25.7 billion net, while their passively managed counterparts attracted some $88.5 billion.

Click here or on the Download Full Report link in the upper right-hand column of this page to download the entire FundIndustry Insight Report: Lipper U.S. Mutual Funds & ETPs Q2 2020 Snapshot.

Related Reports

In this issue of LSEG Lipper’s Global Mutual Funds & Exchange-Traded Products ...

In this issue of LSEG Lipper’s Global Mutual Funds & Exchange-Traded Products ...

In this issue of LSEG Lipper’s US Mutual Funds & Exchange-Traded Products ...

In this issue of LSEG Lipper’s Swiss Mutual Funds & Exchange-Traded Products ...

We have updated our Privacy Statement. Before you continue, please read our new Privacy Statement and familiarize yourself with the terms.x