Institutional investors placed $320.7 billion in active mutual funds with the largest mutual fund managers over the trailing 10-year period ended September 30.
American Funds took in nearly 30% of the new money, or $93.9 billion. The manager saw the majority of those assets come in during the first five years of the period. Metropolitan West saw notable growth, particularly in its Total Bond fund, starting in late 2013 and continued through 2016. Janus also saw a surge in assets in the latter half of the period, particularly on the success of its Janus Enterprise midcap growth fund.