Topic

Large Blend acted as the top inflow-gathering category across multiple vehicles in Q1 2025, including retail SMAs, CITs, and ETFs.

August 27, 2025

Large Blend Leads CITs and SMAs in Q1 2025 Fund Flows: Total Market Highlights, Part 2

Explore Part 1 of Total Market Highlights Q1 2025 for coverage of industry-wide activity and a deeper dive into mutual funds and ETFs.

Managed vehicles gathered net inflows of $512.0 billion in Q1 2025, according to data from Simfund Total Market. This was the lowest quarter of inflows over the past year and a sizable drop from the $1.0 trillion gathered over the fourth quarter. ETFs led net inflows for the quarter, supported by CITs and retail SMAs.

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By Alan Hess, Vice President, U.S. Fund Research, ISS Market Intelligence

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