Long-term Asian funds see US$12.3bn net inflows for Nov '15
/Asia FlowWatch - November 2015 Results
Highlights:
In November 2015, long-term funds in Asia (excluding existing funds in China, which report data on a quarterly basis) saw about US$12.3 billion in net flows, US$12 billion of which was contributed by China, followed by India with US$2 billion. Mixed products garnered nearly US$9 billion in net new money mainly from China, while equity products suffered US$2 billion of net redemptions largely from Japan.
Mixed Flexible was the top selling category, collecting US$8 billion in net sales, and Bond Asia Pacific followed with over US$3 billion. In contrast, Equity Asia Pacific vehicles experienced net outflows of over US$2 billion for the month.
The newly launched Hua An AnYi Guaranteed Hybrid Fund in China was November’s bestselling product in the region, attracting US$0.8 billion in net new money. Notably in China, new launches in Mixed Flexible space collectively raised nearly $8 billion, with ChinaAMC SOE Reform Hybrid Fund alone gathering US$0.5 billion during November.
Further details can be found in the 60 page quantitative summary of the region.