Advanced Data Management, Analysis and Reporting

Market Insights

Fund Distribution Intelligence TM

Unique insights into long-term mutual fund and ETF distribution trends by channel.

Select a market segment and the range of data to view.

Trust assets include both personal trust and some retirement business where the trust company is trustee.

Data Source: Access Data, a Broadridge Company

Latest Distribution Insights

The following commentary reflects highlights from Fund Distribution Intelligence (Data as of March 31, 2014)

Our first quarter data reflected the ongoing trends we identified last year, in particular how retail channels continue to be the primary drivers of growth. Total long-term mutual fund (LTMF) and exchange traded fund (ETF) assets under management (AUM) increased 3.3 percent in the first quarter, to $8.8 TN. This was up from the previous 2.4 percent quarter-over-quarter growth rate. However, on a year-over-year basis, asset growth slowed to 12.6 percent from the full-year 2013 figure of 23 percent. Other notable data and trends include:

  • Independent broker-dealer (IBDs) and Registered Investment Advisor (RIAs) had the largest asset increases for both ETFs and LTMFs. IBDs increased their ETF AUM by 4.9 percent and LTMF AUM by 3.9 percent, while RIAs had increased assets of 4.9 percent and 4.2 percent, respectively.
  • Wirehouses continued to lag IDBs and RIAs in total AUM and in their asset growth rates. The wirehouse channel had increased ETF AUM of only 2 percent, and LTMF AUM of 2.6 percent.
  • Total retail AUM distribution of LTMFs and ETFs totaled $5.8 TN, up by 3.8 percent from the fourth quarter.
  • By contrast, institutional channels – private banks, national banks and trust companies – was only up 2.5 percent from the fourth quarter

Fund Distribution IntelligenceTM comprises the most complete sales and asset data collection in the industry, creating transparency into more than $9 trillion of long-term mutual fund and ETF assets across 900+ distributors. This intelligence provides firms with critical information for distribution, product development and sales and marketing to make strategic decisions, effectively allocate resources, and accelerate growth. Data is collected monthly and can be analyzed by channel, geography and more. Data subject to occasional corrections and adjustments.