Toronto November 6, 2024:  LSEG Lipper unveiled the results of the acclaimed 2024 Canadian LSEG Lipper Fund Awards. These annual awards shine the spotlight on the asset management industry and recognize the funds that have consistently delivered strong risk-adjusted returns against its peers. This event gathered investment professionals, industry experts, and journalists from all over the country to help us acknowledge and celebrate the success of portfolio managers and the individuals who support them. A Tried & True Quantitative Approach. The LSEG Lipper award winners are not simply determined by picking the funds with the highest returns within classifications

  Equity mutual funds and ETFs celebrated their fifth quarterly gain in six—with the average equity fund (+6.92%) posting its second straight quarterly plus-side return. LSEG Lipper’s U.S. Diversified Equity Funds (+9.07%) outpaced the other seven equity and mixed-assets macro-classifications for the first quarter since Q2 2023. Q1 2024 had actively managed equity funds (+7.09%) outperform their passive (+5.95%) counterparts by 114 basis points (bps), marking the fourth largest quarterly outperformance by active management since the start of 2013. In this segment, I provide a market recap plus highlight the quarterly and monthly performance results for conventional equity mutual funds

The Lipper High Yield ETF classification consists of funds that aim at high current yield from domestic fixed income securities. These funds typically have no maturity restrictions and invest in lower-grade debt issuers. Lipper High Yield ETFs attracted $2.7 billion in new money last week after posting their largest weekly performance since the first week of September (+0.43%). The classification’s intake was the largest inflow in 53 weeks. Lipper High Yield classification has outperformed all other general domestic taxable fixed income Lipper classifications on a month-to-date (+0.48%), year-to-date (+4.88%), and trailing one-year basis (+8.22%). Lipper High Yield ETFs are coming

During Refinitiv Lipper’s fund-flows week ended August 11, 2021, investors were overall net purchasers of fund assets (including both conventional funds and ETFs) for the third consecutive week, accumulating $24.7 billion. Money market funds (+$10.5 billion), taxable bond funds (+$8.2 billion), equity funds (+$4.2 billion), and tax-exempt bond funds (+$1.9 billion) all attracted new money. Market Wrap-Up At the close of Refinitiv Lipper’s fund-flows week, small-cap, industrial, and financial issues led the U.S. equity market in weekly performance. The Russell 2000 (+2.46%) reported only its second positive performing week since the end of June. The DJIA (+1.99%) and S&P 500

During Refinitiv Lipper’s fund-flows week ended June 30, 2021, investors were overall net redeemers of fund assets (including both conventional funds and ETFs) for the third week in a row, withdrawing $3.3 billion. Money market funds (-$17.5 billion) were the main driver yet again in total weekly outflows, while taxable bond funds (+$7.3 billion), equity funds (+$6.0 billion), and tax-exempt bond funds (+$832 million) all attracted new money. Market Wrap-Up At the close of Refinitiv Lipper’s fund-flows week, U.S. broad-based indices traded slightly positive. For the first time in the last four weeks, the DJIA (+1.85%), NASDAQ (+1.63%), S&P 500