Equity funds lead with US$32bn inflows - Global FlowWatch - November 2016 Results

Globally, long-term mutual funds attracted US$16 billion in net flows during November 2016, bringing aggregate year-to-date net deposits to US$539 billion.

Equity funds led all major asset classes by gathering US$32 billion in net new cash, the first monthly net inflow since March, while mixed vehicles added over US$7 billion in net subscriptions.

By comparison, bond and “other” products suffered US$18 billion and US$5 billion in net redemptions during the month, respectively.

At the regional level, local Asia attracted the greatest amount of net new investor money with $30 billion, followed by local Europe (US$10 billion) and Canada (US$4 billion).

At the other end of the spectrum, the cross-border region experienced the largest net withdrawals for the month, totalling almost US$14 billion in net redemptions. The U.S. and Latin America also witnessed combined net outflows of $14 billion in November.