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Global FlowWatch - May 2014  Jul 17 2014
During May, investors deposited a net $106 billion globally into long-term mutual funds. This was the fourth consecutive month this year with net flows over $100 billion. Bond vehicles garnered about $52 billion or 49% of total long-term contributions, while equity, mixed, and other funds netted $22 billion, $25 billion, and $8 billion respectively. On a regional level, the US led the way collecting $37 billion, followed by international cross-border funds ($34 billion), local European products ($24 billion), and Asia at $9 billion. In contrast, Latin America suffered about $3 billion in net redemptions out of long-tem funds for the month.

Asia FlowWatch - May 2014  Jul 10 2014
Local Asia (excluding existing funds in China, which report data on a quarterly basis) saw $9.3 billion in net long-term fund flows in May, of which $5.9 billion came from Japan. Bond funds raised $5.3 billion, with $2.8 billion of the total coming from local Thailand and India products and $1.9 billion from Japan. ‘Other’ products gathered $1.4 billion, mainly from Japan real estate funds, while Mixed vehicles added another $1.2 billion this month. Equity funds gathered $1.3 billion ($2.4 billion in Japan offset by outflows in other Asian countries). Asia Pacific Bond and Bond High Yield remained the top selling categories in May, collecting $4 billion and $2.5 billion, respectively. Meanwhile, Emerging Market stock and bond products continued to see outflows of $1.8 billion this month. At the product level, Nomura Deutsche HighDiv Infra Rltd EQ in Japan was the top selling fund with $1.1 billion net new flows.

Europe FlowWatch - May 2014  Jul 10 2014
During May, long-term Cross-Border and local European funds collectively gathered €43 billion in net flows. While fund flows decreased slightly from April, the trend remained consistent to the prior month: Bond funds collected the most with €17 billion, followed by Mixed products with €12 billion (majority from local European funds), and Equity funds €9 billion (75% of flows from Cross-Border region). ‘Other’ funds, including absolute return and alternative vehicles, collected €5 billion. At the category level, Bond Emerging Market products gathered €6 billion, the third consecutive month of positive flows and the highest monthly result since January 2013. Meanwhile, guaranteed/protected vehicles suffered outflows of €2 billion in May, bringing the category’s year-to-date net redemptions to €12 billion. M&G Optimal Income, a Bond Global product, was the best-selling fund collecting €890 million in May.

ETF FlowWatch - May 2014  Jul 9 2014


Global FlowWatch - April 2014  Jun 16 2014
Investors globally on a net basis contributed $115 billion to stock/hybrid, bond and other long-term mutual funds in April, which marked the third consecutive month of over $100 billion inflows since February of this year. Bond products attracted $44 billion in net new money, while equity and mixed funds together also garnered $57 billion for the month.The US and international cross-border vehicles led the way, each collecting around $40 billion in net flows, followed by European and local Asian funds with $28 billion and $6 billion, respectively. Long-term fund flows to Canada were moderate ($4 billion), whereas Brazil saw net redemptions in April of $7 billion.

Asia FlowWatch - April 2014  Jun 11 2014
Local Asia (excluding existing funds in China, which report data on a quarterly basis) saw $6 billion in net long-term fund flows in April, over 100% of which or $7.6 billion came from Japan. Equity vehicles raised $2.2 billion ($6 billion in Japan offset by outflows in other Asian countries), whereas Bond funds collected $1.7 billion, mainly from local Thailand and India products, and ‘Other’ products $2 billion. Asia Pacific stock and bond products together collected $2.6 billion in net new money, while Emerging Market stock and bond products saw combined outflows of $2.2 billion. Bond High Yield and Real Estate also continued to gather around $2 billion each, mostly from Japan. On the product level, Daiwa ETF TOPIX, Nomura Deutsche HighDiv Infra Rltd EQ and Fidelity US High Yield in Japan collectively garnered $5.3 billion during April.

Europe FlowWatch - April 2014  Jun 11 2014
During April, long-term funds in Cross-Border and local European markets together collected €49 billion in net flows. Bond funds continued to lead with €21 billion, followed by Mixed products with €12 billion, while ‘Other’ funds collected €6 billion. Equity funds, which had flat flows last month, raised €9 billion in April, mostly from the Cross-Border region. At the category level, European bond and equity products collectively gathered €16 billion. Flows into Bond Emerging Markets vehicles reached €6 billion, the highest monthly result since April 2013. Meanwhile, guaranteed/protected vehicles suffered €2 billion in net redemptions, while Asia Pacific stock and bond products together experienced €0.5 billion in net outflows for the month. M&G Optimal Income, a Bond Global product, was the best-selling fund collecting over €1 billion in April. Scottish Widows Corporate Bond followed with €940 million.

 
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