The Markets

FRC: Advisers Still Drive Fund Sales

Despite a reduction in the advisory force, retail advisers still represented nearly 60% of total mutual fund gross sales for 2009, according to the Financial Research Corporation (FRC).

April Saw $54B in Fund Inflows

Stock and bond funds experienced net inflows of $53.7 billion in April, according to the latest data from the Financial Research Corporation (FRC).

ETFs See Inflows of $12B in April

Investors poured $12.2 billion into exchange-traded funds (ETFs) in April 2010, bringing total year-to-date net inflows to $19.9 billion, according to Morningstar Direct Fund Flows.

ETF Assets Increase $23B in April

Exchange-traded-fund (ETF) assets increased by $23.3 billion for the month of April, totaling $830 billion, according to the latest ETF Snapshot from State Street.