May Saw Modest Long-Term Mutual Fund Inflows: BofAML

Long-term mutual fund inflows moderated in May, as active equity and fixed income eased, though passive equity strengthened, notes BofAML. Michael Carrier and team at Bank of America Merrill Lynch in their June 14, 2015 research report titled: “Monthly Mutual Fund Analyzer: Long term inflows moderate” point out that the outlook for asset managers is decent despite volatile markets. Long term inflows: Total mutual fund industry flows turned positive in May After sifting through data from Simfund, the BofAML analysts offer a number of useful charts and tables. They point out that total industry flows turned positive in May, to…