Latest Strategic Insight Global Reports

Strategic Insight Global offers weekly commentary, analysis, and data on industry developments worldwide. Global reports are available only to SI Global clients.

All reports are in PDF format [download Acrobat Reader] | Register for access

ETF FlowWatch - July 2016   Aug 25 2016
  Worldwide ETFs surged in July 2016, amassing the largest inflows of the year to the tune of $56 billion amid broad recovery in the market. Equity ETFs recorded $35 billion in net new money, followed by bond and commodity (mostly gold ETFs) products collecting $15 billion and $6 billion, respectively. ETFs achieved nearly $3.3 trillion in assets globally. China Universal CSI Shanghai SOEs Index ETF Fund in China was the largest ETF new launch in July, accumulating $2.2 billion in net flows. The product is developed by China Universal and consists of state-owned enterprises (SOEs) based in Shanghai.

Global FlowWatch - June 2016   Aug 22 2016
  Globally, long-term mutual funds attracted nearly $24 billion in net flows during June. Bond products led the way by gathering approximately $38 billion, followed by ‘other’ vehicles (which include absolute return, commodities, guaranteed, real estate and other alternative funds) with $20 billion. On the contrary, equity vehicles suffered $29 billion in net redemptions, while mixed funds saw outflows of $5 billion during the month. Overall long-term funds worldwide collected $159 billion in net new money in the first half of 2016, only achieving about 20% of the net flows garnered during the same period last year.

New Funds in Global Markets: Q2 2016   Aug 9 2016
  More than 1,200 long-term new funds were launched in Asia, Europe, and Cross-Border markets during Q2’16, gathering $77.4 billion in net flows, a rebound compared to the previous quarter, also slightly higher than the Q4’15 result. Asia continued to dominate new product development, accounting for 60% of new fund launches and over 56% of net sales. New long-term product sales in Asia totaled $44 billion in Q2, bringing total new fund flows in the first half of 2016 to $75 billion. China continued to lead the contributions with $34 billion this quarter, followed by Japan with $4 billion, as well as Taiwan and Korea with roughly $1 billion each. Bond products attracted the most new money at $16 billion, while guaranteed, mixed, and equity funds collected $14 billion, $8 billion and $3 billion in net new flows, respectively. ‘Other’ products (mostly alternative investment funds) together with real estate vehicles garnered nearly $2 billion for the quarter

Europe FlowWatch - June 2016   Aug 3 2016
  During the month of June, investors redeemed a net €12 billion from long-term funds in European and cross-border markets. Equity and mixed vehicles suffered the most net withdrawals at €21 billion combined amid market volatility due to Brexit. On the other hand, bond and ‘other’ products benefited from investors' flight to safety, garnering a collective €10 billion in net subscriptions for the month. At the category level, Absolute Return funds led with roughly €4 billion in net new money, while Bond USD and Equity Global followed with about €3 billion each. In contrast, Equity Europe and Equity Asia Pacific funds collectively experienced nearly €16 billion in net redemptions during June. Credit Suisse’s PK CSG World Equity I fund, an Equity Global product available only for qualified investors in Switzerland, was the bestselling fund in the month with over €3 billion in net flows.

Asia FlowWatch - June 2016   Aug 3 2016
  In June 2016, long-term funds in Asia saw net inflows of $24 billion, of which$15 billion came from China. Bond funds led with $13 billion mainly out ofChina, followed by guaranteed products ($6 billion), equity funds ($4 billion),and real estate vehicles ($3 billion), also ‘other’ programs added close to $1billion, while mixed funds experienced $3 billion in net redemptions for the month.Bond Asia Pacific and Guaranteed/Protected were the top selling categories,raising $13 billion and $6 billion, respectively. In comparison, Mixed Flexibleproducts experienced net outflows of $2 billion in June. At the product level, two Japan-domiciled funds took the top spots of June’s best-selling funds, with Nomura NF Nikkei 225 Leveraged Index ETF attracting almost $1 billion, and Fidelity US REIT Fund, which tracks FTSE NAREIT Equity REITs Index, collecting $0.8 billion in net subscriptions.

ETF FlowWatch - June 2016   Jul 28 2016
  Worldwide ETFs recorded $36 billion in net flows during June 2016 despite uncertainty concerning the U.K.’s referendum to leave the European Union. Equity ETFs led with $17 billion in net new money, followed by bond and commodity (mostly gold funds) products garnering $11 billion and $8 billion, respectively. ETF assets surpassed $3.1 trillion globally. DIAM ETF JPX/S&P CAPEX & Human Capital Index in Japan was the biggest ETF new launch in June, commanding $361 million in net flows. The fund is one of four ETFs benchmarked to the JPX/S&P CAPEX & Human Capital Index which measures the performance of Japanese companies that are proactively making investments in physical and human capital.

Global FlowWatch - May 2016   Jul 20 2016
  Globally, long-term mutual funds attracted nearly $29 billion in net flows during May. Bond products led all major asset classes by gathering approximately $38 billion, followed by “other” and mixed vehicles with nearly $30 billion collectively. On the contrary, equity funds suffered $40 billion in net redemptions, mostly from the U.S. At the regional level, Local Asia (excluding existing funds in China, which report assets on a quarterly basis) attracted the greatest amount of new investor money totaling $21 billion in net contributions. Canada, Local Europe, and Cross-border regions added about $14 billion combined. Meanwhile Latin America experienced flat net flows and the U.S. saw outflows of around $5 billion for the month.