Mother of Flowmageddon
Outflows across a complex can be damaging to fund parent companies.
A version of this article was published in the March 2016 issue of Morningstar FundInvestor. Download a complimentary copy of FundInvestor here.
In my "Flowmageddon" article that ran a couple of weeks ago, I mentioned that outflows can be damaging to the parent company--not just an individual fund. This week, I'll delve into that ground.
Russel Kinnel does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.