Morningstar, Inc, a provider of investment research, has launched Fund Flows, a tool for monitoring current fund asset flow and market share data, in Morningstar Direct, the company’s research platform for institutions.
Fund Flows will enable fund industry professionals to research estimated asset flow and market share data for U.S. open-end, money market, and exchange-traded funds, European funds, offshore funds, and Japanese open-end funds.
Fund Flows allows users to examine flows and market share by proprietary Morningstar statistics such as the Morningstar Rating(TM), Morningstar Categories, and Morningstar(R) Stewardship Grades(SM). Users can also analyze data by fund family, asset class, fund, or fund class. The Investment Company Institute’s (ICI) proprietary method-of-sale data can be applied to examine market share by distribution channels such as non-proprietary, direct, and institutional. Users can also export data to Microsoft(R) Excel(R) to create custom reports.
Investment coverage and approximate monthly data availability:
-U.S. open-end and money market funds–22,000-plus share classes updated by the eighth business day-U.S. ETFs–more than 800 funds updated by the end of the first week of the month-European and offshore funds–more than 39,000 share classes updated at the end of the second week of the month-Japanese open-end funds–more than 3,800 share classes updated by the third week of the month.
“Fund Flows offers timely estimated cash flow and market share data for a variety of investment types across multiple geographical markets,” says Sylvester Flood, head of Fund Flows. “It supplies critical knowledge for performing competitive analysis, developing new investment vehicles, and communicating with shareholders.”
L.D.