Total managed solutions assets ended the second quarter at $2.5 trillion, a decline of $600 million or less than 0.1% from the first quarter, according to data from the Money Management Institute.
The MMI CENTRAL 3Q 2012 also revealed that total managed solutions net inflows for Q2 were $42 billion – a decrease of $10 billion from $52 billion in 1Q. The only managed solutions segments to see an uptick in net inflows were separately managed accounts and mutual fund advisory, which both saw nominal increases to $6 billion and $11 billion, respectively. On a year-to-date basis, net inflows for the overall managed solutions industry stand at $94 billion as compared to $210 billion for all of 2011. Year over year, second quarter net inflows for the managed solutions market declined $18 billion from $60 billion in the second quarter of last year.