Long-term Asian fund inflows of US$13bn - Asia FlowWatch - February 2016 Results
/In February 2016, long-term funds in Asia (excluding existing funds in China, which report data on a quarterly basis) saw net inflows of US$13 billion, US$10 billion less than the previous month. Equity funds led with US$5.6 billion mainly from Japan, followed by bond programs ($4 billion), mixed products (US$1.5 billion), and real estate vehicles (US$1.4 billion). ‘Other’ funds, including alternative and guaranteed products, raised US$1 billion this month.
Equity Asia Pacific and Guaranteed/Protected (mainly new funds in China) were the top selling categories, raising US$5 billion and US$4 billion, respectively. In contrast, Bond High Yield experienced net outflows of close to US$0.6 billion.
At the product level, Nomura Nikkei 225 Exchange Traded Fund was once again the best-selling product in Asia, gathering US$1.3 billion in net new money during February. China’s newly launched CCB Principal Target 1 Year Earning Bond Fund, which invests in fixed income products such as corporate and government bonds, also collected US$1.2 billion in investor money for the month.
Further details can be found in Strategic Insight's 60-page quantitative summary of the region.