Lord Abbett, Nuveen and Baird Draw Outsized Flows as Investors Flock to Active Bond Funds

Active fixed income managers drew the largest net inflows in July, with nine of the ten best-selling firms drawing more net subscriptions from active strategies than passive. Neil Bathon, managing partner at Fuse Research, told Fund Intelligence that active strategies had ‘bounced back very nicely,’ noting particularly strong sales for taxable bonds, tax-free bonds and international equity funds, while passive strategies continued their strong run, primarily within taxable bond and US equity funds that are around 40% ahead of this point in 2020.

For the complete article, click here (subscription required).

Article published on August 17, 2021