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4Q 2016 - Asia, Local Europe, and Cross-Border  Feb 10 2017
During 4Q’16, over 1,400 long-term funds were launched across Asia, Europe and Cross-Border markets, gathering $85.7 billion in net flows, 15% higher than that of previous quarter. This increase was mainly driven by product development in Asia, where more than $60 billion were deposited into 874 new funds. China remained the top-selling market in 4Q’16, collecting $53.2 billion in net flows mostly from bond funds. Those Bond CNY programs, usually structured as “new” or “innovative” closed-end funds as well as interval closed-end funds, often have a shorter IPO period, a small number of investors and a closed period of one to three years. Many of those funds are designed to serve institutional investors including banks, insurance companies and trust companies.

ETF FlowWatch - December 2016  Feb 6 2017
Despite surprising results of Brexit and the U.S. presidential election during 2016, net flows into ETF products globally surged to a record high of $387 billion over the past year ($63 billion in December 2016), a slight increase of $17 billion from 2015’s result. The U.S. again led with nearly three-quarters of the total flows or $272 billion, which was followed by Europe and Asia at $56 billion $46 billion, respectively. Canada ETF flows totaled $12 billion, while Australia took in a moderate $2 billion. Latin America, however, suffered $ 1 billion in net redemptions during 2016. Driven by the highest annual inflows and positive market returns over the past year, the global ETF AUM also reached a new record of $3.52 trillion as of year-end 2016.

Europe FlowWatch - December 2016  Feb 6 2017
During December long-term funds in local Europe and the cross-border space gained €13.9 billion in net flows, bringing their 2016 full-year result to €174 billion. Equity vehicles were the top selling asset class for the second consecutive month, collecting €9.4 billion in December, nearly 80% of which went to passive index funds and ETFs. Mixed and Bond funds followed with €4.6 billion and €1.4 billion of net subscriptions, respectively, while real estate, guaranteed and other funds together suffered €1.4 billion in net redemptions for the month. At the category level, Equity Global and Bond High Yield led the way, each attracting more than €5.5 billion in net new cash. By comparison, Equity Emerging Markets and Bond USD witnessed €4.4 billion and €2.2 billion in net outflows, respectively, during December.

Asia FlowWatch - December 2016  Feb 3 2017
Long-term fund flows in Asia slowed down significantly to $4.5 billion during December 2016, as net inflows to China ($14 billion) were partially offset by net redemptions mainly out of Japan, India and Korea. Mixed funds led the contributions at roughly $3.7 billion, followed by bond products with $2.4 billion. Meanwhile, equity funds and ‘other’ products, which includes largely guaranteed and real estate funds, experienced net redemptions of $1 billion and $0.6 billion during the month, respectively. During full-year 2016, Asia attracted the most net long-term fund flows among all regions, totaling $253 billion in net subscriptions.Bond Asia Pacific was the top selling investment category in December, raising $4.3 billion in net flows, primarily from Bond CNY products in China. Mixed Flexible funds also attracted $3.9 billion in net new money. By comparison, Equity Asia Pacific funds suffered net outflows of $1.4 billion during the month.

Global FlowWatch - November 2016  Jan 23 2017
Globally, long-term mutual funds attracted $16 billion in net flows during November 2016, bringing aggregate year-to-date net deposits to $539 billion. Equity funds led all major asset classes by gathering $32 billion in net new cash, the first monthly net inflow since March, while mixed vehicles added over $7 billion in net subscriptions. By comparison, bond and “other” products suffered $18 billion and $5 billion in net redemptions during the month, respectively. At the regional level, local Asia attracted the greatest amount of net new investor money with $30 billion, followed by local Europe ($10 billion) and Canada ($4 billion). At the other end of the spectrum, the cross-border region experienced the largest net withdrawals for the month, totaling almost $14 billion in net redemptions. The U.S. and Latin America also witnessed combined net outflows of $14 billion in November.

Europe FlowWatch - November 2016  Jan 5 2017
During November long-term funds in local Europe and the cross-border space saw the first monthly net outflows in nine months, totaling €4 billion in net redemptions. Equity vehicles garnered the most new money at €11.1 billion, breaking the outflow trend over the past eleven consecutive months and regaining some of the losses, which helped decrease their year-to-date net redemptions to €52.7 billion. In contrast, bond funds suffered net withdrawals amounting to €17.7 billion in November, ending a nine month net positive run and bringing down their aggregate net inflows to €93.5 billion so far this year.

Asia FlowWatch - November 2016  Jan 5 2017
Long-term funds in Asia garnered $30 billion in net flows during November (excluding existing funds in China, which report data on a quarterly basis). Bond funds led contributions at roughly $19 billion, followed by mixed products with $6 billion. Equity products took in $5 billion of net new money, while real estate funds and guaranteed funds added $0.3 billion and $0.2 billion, respectively. On the other hand, ‘other’ products experienced a moderate $0.7 billion in net redemptions for the month. Bond Asia Pacific, mostly Bond CNY products in China, was the top selling investment category again in November, raising $20 billion in net flows across all Asian markets. Mixed Flexible funds also attracted $5.6 billion in net new money. By comparison, Bond Global funds suffered net outflows of about $1.1 billion during the month.

 
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