|
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
|
• |
Emerging Markets: Growth Driver in Global Asset Management |
Jun 12 2013 |
|
|
Emerging market equities and fixed income have been the top cash flow categories in the US and globally in the last three years, with rising exposure to EM in global and international portfolios. As horizon and frontier markets redefine the realm of emerging markets, those growth and “rapid growth markets” could reach $10 trillion in assets by 2020 — however, it will be a bumpy ride. |
|
|
|
• |
Asia FlowWatch - April 2013 Results |
Jun 10 2013 |
|
|
In April 2013, long-term funds in Asia (excluding existing funds in China, which report data on a quarterly basis) saw a steady $15.6 billion in net flows, mostly going to China ($5.3 billion), in Japan ($4.1 billion) and Korea ($2.1 billion). Around 160 April new fund launches brought in over $14 billion in net new money, with Chinese bond funds, diversified Asia-Pacific equity in Japan and other selected equity products attracting strong inflows: China Southern Yong Li Periodic Open Bond Fund and JPM Nikko Trans-Pacific Discovery collected over a billion in net flows each, while closed-end fund launch BTS Rail Mass Transit Growth Infrastructure in Thailand accounted for $2.1 billion, topping as well the overall highest cash flow fund list for the month. |
|
|
|
• |
Europe FlowWatch - April 2013 Results |
Jun 10 2013 |
|
|
During April, long-term mutual funds in local Europe and cross-border markets together garnered around €45 billion in net flows, out of which 75% were directed to the cross-border products. Templeton Global Total Return remained the best seller for the fourth consecutive month, attracting another €2 billion in new money after a fruitful Q1 (€4.7 billion). M&G Optimal Income, a flexible multisector bond product, was the second highest cash flow fund in the regions with €1.1 billion for the month.
|
|
|
|
• |
Expanding Fund Sales in Core Asian Markets |
May 30 2013 |
|
|
Cross-border funds in Asia are experiencing a strong recovery even as some locally domiciled products become much more visible. Hong Kong, Taiwan, and Singapore together generated at least $30 billion of retail net flows for cross-border funds since the start of 2012. Strong sales of fixed-income products, a surge in demand for multi-asset income vehicles, renewed purchases of equity funds, and improving retention rates continue to support fund expansion. |
|
|
|
• |
New Funds In Global Markets: Q1 2013 |
May 28 2013 |
|
|
More than 1,100 long-term funds were launched in Europe, Asia, and cross-border markets in the first quarter. These new funds took in US$78 billion of flows—the highest volume so far during the post-crisis recovery—with money market funds garnering another $21 billion. Asia accounted for the bulk of introductions with nearly 700 new funds raising $46 billion.
One of the biggest launches of the quarter was a $2 billion non-BRIC emerging and frontier market equity fund-of-funds from Sumitomo Mitsui Asset Management and Nikko Global Wrap. Other new emerging market offerings included flexible income, smart beta, and classic value strategies. New fixed-income funds raised $37 billion, accounting for half of the flows collected by new products during the quarter. New bond funds in Asia drew $25 billion of inflows while new equity funds took in $12 billion.
|
|
|
|
• |
Global FlowWatch - Q1 and March 2013 Results |
May 23 2013 |
|
|
During the first quarter of 2013, equity/mixed, bond and other long-term mutual funds attracted a record $486 billion in net inflows globally. Fixed income products continued to draw strong inflows ($201 billion), but more than half of the total contributions or $256 billion went to equity/mixed funds, reflecting an improved investor risk appetite particularly in the US and Japan. On a regional level, the US led the way collecting $250 billion in net new money, followed by cross-border international funds with $130 billion. Local Europe added $38 billion during Q1, while local Asia, Latin America (mostly Brazil) and Canada each attracted around $20 billion in net flows so far this year. |
|
|
|
• |
Record Inflows as Income, Multi-Asset, and Unconstrained Strategies Rise to the Top |
May 15 2013 |
|
|
Investors around the world contributed a record $480 billion in net inflows to long‐term funds during the first quarter of 2013, driven by sustained demand for bond and income products, an expanding appetite for multi‐asset portfolios, and renewed purchases of equity strategies. Equity funds’ share of a
flows increased to nearly 45% during the quarter, compared to less than 10% last year. |
|
|
|
