Boston’s seven biggest mutual fund companies saw a slight increase in the assets of the stock and bond funds in June, The Boston Business Journal reports.
The seven largest firms—Fidelity, State Street, Columbia Asset Management, MFS, GMO, Natixis and Eaton Vance—have seen a $71.9 billion increase in assets in the first six months of the year, representing a 7.4% increase in sales.
Still, the $1.05 trillion in assets under management at those firms was down 23.4% from a year ago.
The company that saw the biggest rise in assets in June was Natixis—a $1.76 billion gain, or 3.9%. Year-to-date, the firm’s long-term mutual fund assets are up 27.8%.
The second biggest winner in the month was Fidelity, reaping $1.31 billion, followed up MFS ($517 million), Eaton Vance ($412 million) and GMO ($186 million). Columbia was the only one to lose assets, $383 million, in the month.