Net gains at US$1.6tn - Global FlowWatch - November 2017 Results
/In November, worldwide long-term net flows stood at nearly US$125 billion bringing year-to-date aggregate net gains to US$1.6 trillion. The US and Crossborder regions attracted the most investor money with US$47.5 billion and US$30.4 billion in net deposits. Meanwhile, Latin America, the only region to experience outflows, saw investors redeem an aggregate US$2 billion during the month.
Globally, Bond funds attracted the most investor demand by asset class with US$49.5 billion in net contributions. Active funds attracted US$56.5 billion globally, while passive funds (including ETFs) gathered US$69.3 billion, with limited participation from Latin America.
In the US, Vanguard and Blackrock continue to lead manager rankings with a combined US$34.7 billion in net deposits for the month. Within the Crossborder space, PIMCO attracted the most net new cash with US$6.6 billion in fund contributions, followed closely by Blackrock with US$6.1 billion.