AdvisorShares Active ETF Market Share Update – Week Ending 3/24/2016
Assets in actively managed ETFs contracted by $103 million, or 41 basis points, to $24.721 billion.
As opposed to being dominated by one fund provider or strategy the outflows were balanced. PIMCO saw the largest net outflow at $44 million. First Trust had positive fund flows of $18 million, but a net decline of $26 million due to unfavorable market conditions, and iShares shed $20 million. State Street had the largest net gain with a modest $26 million.
At the Strategy level, Short Term Bond contracted by $83 million followed by a $28 million decline for Global Bond. High Yield had a net gain of $25 million and Alternative Income had positive fund flows of $19 million but a net drop of $12 million based on market price declines.
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