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1Q 2017 - Asia, Local Europe and Cross-Border  May 22 2017
Nearly $98 billion was invested into 1,561 newly launched long-term funds across Asia, Europe and Cross-border markets during 1Q’17. Asia continued to dominate new product development although net flows recorded in the region declined over the quarter, while new money deposited into local European new funds increased steadily. Products launched in local Europe gathered close to 27% of the quarter’s total new fund flows. In Asia, long-term product sales amounted to nearly $60 billion through 989 new launches during 1Q’17. Despite a 26% drop in net flows recorded among Chinese funds, China still dominated product development, attracting 69% of the region’s total new fund sales. This drastic slow-down allowed numerous other Asian countries to significantly increase their share of the market.

ETF FlowWatch - March 2017  May 8 2017
In March, worldwide ETFs continued to rise with $68 billion in net flows, a slight increase of $3 billion from the previous month. Equity ETFs led with a $52 billion in net new money, followed by bond and commodity (mostly gold ETFs) accumulating $12 billion and $4 billion, respectively. ETFs assets set a new record and stood at nearly $3.9 trillion globally. In March, eight of the top 10 largest new ETFs launches were leveraged or inversed ETFs managed by China AMC and CSOP Asset Management (a joint venture between China Southern and Asset Management and OP Financial Investments Ltd.) The eight ETFs together totaled nearly $380 million in net flows in March, and are based in Hong Kong.

Europe FlowWatch - March 2017  May 8 2017
During March long-term funds in local Europe and the cross-border space gained €61.2 billion in net flows. Bond products were the top selling asset class for the third consecutive month with €32 billion in net subscriptions, followed by mixed funds with €16.4 billion. Other funds (including real estate) collectively gained €7.8 billion, while guaranteed funds suffered €60 million in net redemptions for the month. At the category level, Bond Global led for the third consecutive month with €13.7 billion in net new flows, followed by Bond Emerging Markets with €7.6 billion in net new cash. On the other end of the spectrum, Equity Asia Pacific and Equity Europe conceded €2.3 billion and €1.6 billion in net redemptions, respectively. PIMCO GIS Income, an Ireland -domiciled Bond Flexible Multisector product, was the bestselling product this month gathering €4.2 billion in net subscriptions. The fund returned 2.34% in Q1 and experienced 34% growth in total asset during the same time period.

Asia FlowWatch - March 2017  May 8 2017
In March 2017, long-term funds in Asia took in $47.3 billion. China led the way with $41.7 billion in net deposits, while Japan and Thailand followed with $15 billion and $1.7 billion, respectively. Meanwhile, India experienced the most outflows with $7.9 billion in net redemptions. Bond Asia Pacific products garnered $16.1 billion in net new money during the month, making it the bestselling fund category in the region. Mixed Flexible funds followed with an aggregate $13.1 billion, while Equity Asia Pacific saw inflows of $7.7 billion. In contrast, Guaranteed and Real Estate Equity products saw the largest outflows during the month, with a collective $1.1 billion in net outflows. At product level, the ICBCCS FengChun 6 Months Open Bond Fund, was the bestselling product, with over $13 billion in net new cash. Nomura Topix Echange Traded Fund and Daiwa ETF Topix, two Japan-domiciled ETF products, followed with an aggregate $4.9 billion of net subscriptions.

Year in Review & 2017 Outlook: Challenges and Opportunities for Actively Managed Mutual Funds  Apr 12 2017
Amid stock market volatility during the early part of 2016, as well as political uncertainty over the second half of last year, investors globally stayed cautious throughout most of the past year. Fund buyers around the globe contributed $615 billion of net flows to long-term mutual funds and ETFs during 2016, merely representing roughly 60% of the levels recorded between 2012 and 2015, when about $1 trillion was collected each year. Excluding passively managed index funds and ETFs, and also setting aside short-term money market products, net flows into long-term active funds turned negative in 2016, the first annual net outflows since 2011. In 2016, all of the active fund net redemptions ($308 billion) came out of the U.S., which more than offset the net new money into both Asia and Europe/Cross-border.

Europe FlowWatch - February 2017  Apr 6 2017
During February long-term funds in local Europe and the cross-border space gained €66.2 billion in net flows. Bond products were the top selling asset class for the second consecutive month, collecting €25 billion in February. Mixed and equity funds followed with €17.9 billion and €13.4 billion of net subscriptions, respectively. "Other" funds (including real estate) collectively gained €10.7 billion, while guaranteed funds suffered €1.1 billion in net redemptions. At the category level, Bond Global led with €8.7 billion in net new flows, Equity Global was next with €7.6 billion, followed by Mixed Balanced with €7.4 billion in net new cash. On the other end, Guaranteed, Equity North America, and Bond Asia Pacific conceded €1.2 billion collectively.

ETF FlowWatch - February 2017  Apr 6 2017
In February, worldwide ETFs soared with $65 billion in net flows amid continued growth of global stock markets. Equity ETFs led with $44 billion in net new money, followed by bond and commodity (mostly gold ETFs) accumulating $16 billion and $6 billion, respectively. ETF assets surged to a record high of nearly $3.81 trillion globally. Premier ETF Indonesia Sovereign Bonds was the largest ETF new launch in February, attracting $75 million. The ETF is managed by PT Indo Premier Securities and invests in government securities.

 
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