Investing October 20, 2003

Strategic: Equity and Balanced Funds Take in $25 Billion in September

October 20, 2003 (PLANSPONSOR.com) - Inflows to equity and balanced-type funds neared $25 billion in September.
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For the entire third quarter across all these investment vehicles reached an estimated $85 billion, a much greater amount than the previous quarter’s $72 billion (See  Strategic: Equity and Balanced Funds Take in $25 Billion in June ).   In fact, the third quarter’s inflow numbers were the highest quarterly inflows for equity and balanced-types funds since the first quarter of 2000, according to data from Strategic Insight.

The good times are expected to only roll on for these investment types too.   Assuming only modest fluctuations in stock prices through the end of 2003, Strategic projects that for all of 2003, inflows could near $200 billion.

September also marked a stabilization of bond redemption numbers to an outflow of only $5 billion, less than half the temporary elevated redemptions recorded in August.

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