|Note: This is an excerpt from the Morningstar Direct U.S. Asset Flows Commentary for January 2019. The full report can be downloaded here.|
Long-term flows bounced back with $39 billion in January inflows after $83 billion of outflows in December, yet they trailed by wide margins the previous two January hauls, which were $132 billion in 2018 and $63 billion in 2017. The 12-month trend in long-term flows remained weak with only about $56 billion in inflows during that stretch.
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Kevin McDevitt does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.