Long-term fund flows 33% less than 2015 - Global FlowWatch - December 2016 Results
/Globally, long-term mutual funds attracted US$18 billion in net flows during December 2016, with net inflows of US$23 billion from equity funds partly offset by more than US$7 billion in net redemptions out of mostly alternative equity products and commodity funds in the U.S. Overall, the 2016 full year long-term fund flows reached US$570 billion globally, a decline of 33% compared to the 2015 result.
At the regional level, Asia led the contributions collecting US$253 billion over the past 12 months, followed by Local Europe (US$132 billion) and the U.S. (US$89 billion). Cross-border and Canada experienced net inflows totalling US$62 billion and US$36 billion, respectively, for the full year 2016, while Latin America was the only region to record net outflows amounting to US$2 billion.