Global Inflows steady, US sees 40% of action - Oct '15
/Global FlowWatch - October 2015 Results
Globally, long-term mutual fund flows bounced back sharply in October with US$76 billion of inflows following net redemptions in September, increasing aggregate year-to-date net contributions to $819 billion through October.
All assets classes experience inflows through the month. Equity funds garnered the most new money at US$33 billion followed by bond vehicles at US$22 billion and 'other' products, which include alternative investment, guaranteed and real estate products, at US$13 billion. Mixed funds saw an influx of US$8 billion in net new money during the month.
At the regional level, the U.S. (including variable annuities) attracted $30 billion or 40% of global net flows, and cross-border funds added US$26 billion for the month. Local Asia, Local Europe and Canada saw inflows of US$12 billion, US$8 billion and US$4 billion, respectively. Meanwhile, Latin America, the only region experiencing outflows during October, reported US$3 billion in net redemptions.