Asia attracts most new money again - Global FlowWatch - February 2016
/Globally, long-term mutual funds attracted nearly US$12 billion in net flows during February. 'Other' funds, which include alternative investments, real estate and guaranteed products, led all major asset classes by gathering US$27 billion, followed by bond products with US$2.4 billion.
Equity vehicles experienced a collective US$16 billion in net redemptions, the largest outflows of any asset class, while mixed funds only saw outflows of US$2 billion during the month.
At the regional level, Local Asia (excluding existing funds in China, which report assets on a quarterly basis) once again attracted the most amount of new investor money among all regions, totalling US$13.4 billion in net contributions, while the U.S. and Canada added US$10 billion and US$6 billion, respectively.
Cross-border, Local Europe, and Latin America saw collective outflows of US$17.2 billion for the month.