Mutual Fund Outflows for September
Stock funds saw outflows of $5.37 billion in September. Funds that invest partially overseas saw $8.14 billion in outflows. Year-to-date, stock funds saw inflows of $46.48 billion, compared to $116.80 billion in the year prior.
Vanguard’s Bill McNabb Comments on Potential Lower Returns
He noted that we are in the low return environment and investors should be adjusting their portfolio accordingly. McNabb also noted that high frequency trading benefits outweigh the costs.
Forward Funds’ Jim Welsh Updates Investors on the Markets and Economy
For additional insights from Jim Welsh, check out our Interview with Jim Welsh.
Smead Capital’s Bill Smead Gives Insights on Outrunning the Bear
In his write-up, Smead noted that managers are sometimes too focused on proving they can beat the market. Instead, they should concentrate on holding undervalued securities for long durations. To read the complete write-up, click here.
Are Alternative Funds a Separate Asset Class?
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