U.S. mutual fund assets set to pass $15T

Mutual fund assets under management, the report notes, now total $9.4 trillion, domestic equities nabbing largest share at $4.5 trillion. International equities ($1.8 trillion), taxable bonds ($2.5 trillion) and tax-free bonds ($594 billion), account for progressively smaller shares of AUM.

Turning to exchange-traded funds, the report shows that ETFs enjoyed net new flows of $30 billion in January, down from $39 billion recorded in December. Domestic and international equities accounted for $14 billion and $15 billion, respectively, of the January total. This compares to $26 billion and $14 billion, respectively, of net flows into these asset classes in December.

ETF taxable bonds and tax-free bonds experienced net new flows of $400 million and $300 million, respectively in January. This compares to an outflow of $500 million and an inflow of $100 million, respectively, for these asset classes in December.

ETFs under management, the survey shows, now total $1.4 trillion, domestic equities again accounting for the largest share at $826 billion. ETF assets held in international equities, taxable bonds and tax-free bonds totaled $346 billion, $238 billion and $12 billion, respectively, in January.