Asia sees US$46.7bn net flows, China leading the way
/Asia FlowWatch - December 2015 Results
Highlights:
In December, long-term funds in Asia saw about US$46.7 billion in net flows, US$37 billion of which was contributed by China, followed by Japan with US$10 billion. Mixed asset products garnered nearly US$21 billion in net new money mainly from China, while equity funds collected around US$10 billion largely from Japan. Throughout 2015, long-term funds in Asia took in US$309 billion, the largest net flows since 2007.
Mixed Flexible continued to be the top selling category during December, collecting US$17 billion in net sales, and Bond Asia Pacific and Equity Asia Pacific each added over US$8 billion of net deposits. In contrast, Bond High Yield vehicles experienced net redemptions of US$1.3 billion for the month.
MUKAM MAXIS Nikkei 225 ETF in Japan was the bestselling product in December, attracting almost US$1 billion in net flows. GF Multi-Strategy Mixed Fund, a newly launched Mixed Flexible product in China, followed with US$0.9 billion. Notably, 11 Guaranteed funds were launched in China this month, collecting nearly US$6 billion in total.
Further details can be found in this 60 page quantitative summary of the region.