Sign up today and take advantage of member-only content — the kind of timely, cutting edge industry insight that only Money Management Executive can deliver.
- Exclusive Online Only Content
- Free Daily Email News Alerts
- Asset Management Blogs
| Top 50 Fund Groups - August 2011 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-Term Open-End, ETFs & Money Market Funds | ||||||||||||
| ($ in Millions) | ||||||||||||
| Primary | Assets | Asset Growth | Market Share | |||||||||
| Rnk | Complex | Meth dist | Aug-11 | Dec-10 | Aug-10 | 1 Mth | YTD | 1 Year | Aug-11 | Aug-10 | ||
| 1 | Vanguard Group | Direct | 1,606,987 | 1,563,843 | 1,387,844 | -4% | 3% | 16% | 13.9% | 13.1% | ||
| 2 | Fidelity (combined) | Dir/Whsl | 1,281,256 | 1,334,729 | 1,202,686 | -3% | -4% | 7% | 11.1% | 11.3% | ||
| 3 | American Funds | Wholesale | 922,959 | 992,308 | 892,176 | -6% | -7% | 3% | 8.0% | 8.4% | ||
| 4 | BlackRock | Wholesale | 743,623 | 770,654 | 685,855 | -4% | -4% | 8% | 6.4% | 6.5% | ||
| 5 | PIMCO Funds | Instl | 451,840 | 408,010 | 399,407 | 0% | 11% | 13% | 3.9% | 3.8% | ||
| 6 | JPMorgan Asset Management | Wholesale | 391,291 | 407,288 | 401,984 | 1% | -4% | -3% | 3.4% | 3.8% | ||
| 7 | Franklin Templeton Investments | Wholesale | 351,073 | 342,970 | 311,633 | -4% | 2% | 13% | 3.0% | 2.9% | ||
| 8 | State Street Global Advisors | Wholesale | 334,629 | 314,526 | 250,989 | 0% | 6% | 33% | 2.9% | 2.4% | ||
| 9 | T. Rowe Price | Direct | 283,475 | 280,407 | 238,337 | -5% | 1% | 19% | 2.4% | 2.2% | ||
| 10 | Federated Investors | Wholesale | 280,403 | 283,120 | 266,144 | 4% | -1% | 5% | 2.4% | 2.5% | ||
| 11 | Dreyfus Corporation | Wholesale | 228,515 | 250,942 | 241,681 | -2% | -9% | -5% | 2.0% | 2.3% | ||
| 12 | Wells Fargo | Wholesale | 209,781 | 225,927 | 221,545 | 0% | -7% | -5% | 1.8% | 2.1% | ||
| 13 | Schwab Funds/Laudus Funds | Direct | 194,176 | 189,783 | 183,491 | 2% | 2% | 6% | 1.7% | 1.7% | ||
| 14 | Columbia Management | Wholesale | 192,555 | 216,510 | 206,669 | -6% | -11% | -7% | 1.7% | 1.9% | ||
| 15 | Goldman Sachs Asset Mgmt | Instl | 183,680 | 199,612 | 192,992 | 5% | -8% | -5% | 1.6% | 1.8% | ||
| 16 | Invesco | Wholesale | 158,977 | 160,951 | 153,615 | -2% | -1% | 3% | 1.4% | 1.4% | ||
| 17 | OppenheimerFunds | Wholesale | 152,497 | 153,961 | 137,039 | -4% | -1% | 11% | 1.3% | 1.3% | ||
| 18 | Legg Mason | Wholesale | 143,013 | 175,516 | 164,072 | -4% | -19% | -13% | 1.2% | 1.5% | ||
| 19 | Dimensional Fund Advisors | Instl | 132,616 | 127,467 | 104,453 | -6% | 4% | 27% | 1.1% | 1.0% | ||
| 20 | Dodge & Cox | Direct | 117,487 | 125,491 | 109,831 | -7% | -6% | 7% | 1.0% | 1.0% | ||
| 21 | Northern Trust Company | Bank | 104,321 | 99,789 | 95,464 | 0% | 5% | 9% | 0.9% | 0.9% | ||
| 22 | DWS Investments | Wholesale | 92,551 | 106,358 | 104,797 | 0% | -13% | -12% | 0.8% | 1.0% | ||
| 23 | Janus Capital Group | Wholesale | 87,751 | 99,139 | 86,028 | -8% | -11% | 2% | 0.8% | 0.8% | ||
| 24 | MFS Investment Management | Wholesale | 83,812 | 83,631 | 73,616 | -4% | 0% | 14% | 0.7% | 0.7% | ||
| 25 | American Century Investments | Direct | 83,691 | 81,455 | 72,573 | -3% | 3% | 15% | 0.7% | 0.7% | ||
| 26 | UBS Global Asset Management | Instl | 72,229 | 73,767 | 68,347 | 4% | -2% | 6% | 0.6% | 0.6% | ||
| 27 | SEI Corporation | Instl | 68,920 | 66,513 | 61,929 | 1% | 4% | 11% | 0.6% | 0.6% | ||
| 28 | Lord Abbett | Wholesale | 68,172 | 65,664 | 57,686 | -5% | 4% | 18% | 0.6% | 0.5% | ||
| 29 | Principal Financial Group | Wholesale | 68,042 | 65,957 | 56,823 | -4% | 3% | 20% | 0.6% | 0.5% | ||
| 30 | John Hancock Funds | Wholesale | 66,178 | 65,503 | 56,110 | -6% | 1% | 18% | 0.6% | 0.5% | ||
| 31 | Eaton Vance | Wholesale | 65,055 | 66,270 | 59,406 | -7% | -2% | 10% | 0.6% | 0.6% | ||
| 32 | Natixis Global Associates | Wholesale | 62,311 | 59,392 | 57,099 | -3% | 5% | 9% | 0.5% | 0.5% | ||
| 33 | AllianceBernstein Investment | Wholesale | 60,383 | 64,526 | 61,045 | -4% | -6% | -1% | 0.5% | 0.6% | ||
| 34 | GMO | Instl | 59,369 | 62,306 | 55,467 | -6% | -5% | 7% | 0.5% | 0.5% | ||
| 35 | Harbor Capital Advisors | Direct | 57,287 | 57,353 | 48,696 | -7% | 0% | 18% | 0.5% | 0.5% | ||
| 36 | Hartford Mutual Funds | Wholesale | 55,435 | 60,201 | 51,404 | -6% | -8% | 8% | 0.5% | 0.5% | ||
| 37 | First American Funds | Bank | 53,538 | 58,835 | 59,230 | 0% | -9% | -10% | 0.5% | 0.6% | ||
| 38 | Putnam Investments | Wholesale | 52,183 | 56,123 | 51,373 | -7% | -7% | 2% | 0.5% | 0.5% | ||
| 39 | Morgan Stanley Institutional | Instl | 51,021 | 56,421 | 53,415 | -2% | -10% | -4% | 0.4% | 0.5% | ||
| 40 | Thornburg Investment Management | Wholesale | 49,273 | 46,450 | 37,753 | -7% | 6% | 31% | 0.4% | 0.4% | ||
| 41 | USAA Investment Management | Direct | 48,376 | 47,299 | 43,624 | -3% | 2% | 11% | 0.4% | 0.4% | ||
| 42 | First Eagle Funds | Wholesale | 47,861 | 42,139 | 33,867 | -2% | 14% | 41% | 0.4% | 0.3% | ||
| 43 | Ivy Funds | Wholesale | 47,532 | 44,295 | 37,019 | -7% | 7% | 28% | 0.4% | 0.3% | ||
| 44 | Prudential Investments | Wholesale | 44,782 | 42,684 | 36,097 | -4% | 5% | 24% | 0.4% | 0.3% | ||
| 45 | Allianz Funds | Wholesale | 41,224 | 39,616 | 31,675 | -6% | 4% | 30% | 0.4% | 0.3% | ||
| 46 | Powershares Capital | Instl | 40,806 | 40,434 | 30,893 | -10% | 1% | 32% | 0.4% | 0.3% | ||
| 47 | Morgan Stanley Investment Advisors | Instl | 38,284 | 21,266 | 20,865 | 1% | 80% | 83% | 0.3% | 0.2% | ||
| 48 | Oakmark Funds | Direct | 38,096 | 36,858 | 31,198 | -7% | 3% | 22% | 0.3% | 0.3% | ||
| 49 | MainStay Funds | Wholesale | 36,350 | 31,386 | 27,633 | -4% | 16% | 32% | 0.3% | 0.3% | ||
| 50 | Davis Selected Advisors | Wholesale | 35,809 | 43,885 | 38,625 | -9% | -18% | -7% | 0.3% | 0.4% | ||
| Top 50 | 10,141,474 | 10,309,530 | 9,352,197 | -3% | -2% | 8% | 87.5% | 88.1% | ||||
| Industry total | 11,588,106 | 11,735,200 | 10,619,648 | -3% | -1% | 9% | 100.0% | 100.0% | ||||
| Source: Financial Research Corp. | ||||||||||||
