The Open-End Investment Funds industry has been on a roller coaster ride in recent years, largely due to equity market volatility. Over the five-year period, the biggest driver of growth for the industry has been the evolving investor preference for exchange-traded funds. In the coming years, investor inflows will continue; however, competitive pressures and the industry's shift toward low-fee, exchange-traded funds will temper growth prospects for the industry.
This industry comprises legal entities (funds) that earn fees by pooling and investing money, giving the investors rights to a proportional share of the fund performance. Ownership shares of these funds are sold to the public in initial public offerings with additional shares offered continuously. Investors redeem the shares at prices determined by the fund’s net asset value or market value. This report focuses on mutual funds and exchange-traded funds.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.