The Markets December 30, 2010

November Fund Flows Pegged at $11.3 billion

Stock and bond funds experienced net inflows of $11.3 billion in November, according to the latest fund flow data from the Financial Research Corporation (FRC).
Reported by

International/Global Equity objective posted net inflows of $11.9 billion, followed by the International/Global Fixed Income objective with $4.6 billion, Corporate at $2.6 billion and Equity at $2.1 billion.

By Morningstar category, Diversified Emerging Markets enjoyed a $4.6 billion inflow, World Bond a $3.2 billion inflow, World Allocation a $3 billion inflow, Foreign Large Blend a $2.5 billion inflow and Natural Resources a $2.3 billion asset addition.

Vanguard Total International Stock Index attracted $2.2 billion to lead the fund sales chart, followed by Templeton Global Bond at $1.5 billion, iShares Russell 2000 at $1.49 billion, Vanguard Emerging Markets Stock Index at $1.3 billion and Vanguard Total Bond II at $1.1 billion.

Finally, by assets, the Vanguard Group was in the top spot at $1.3 trillion, American Funds at $932 billion, Fidelity at $834 billion, BlackRock at $555 billion and PIMCO at $414 billion.

More information about FRC is at www.frcnet.com

«