2017 with US$1.63tn in long-term fund flows - Global FlowWatch - December 2017 Results
/Globally, long-term mutual funds collected more than US$113 billion in net gains, pushing 2017 full year long-term fund flows to US$1.63 trillion. Every region experienced positive flows during the month, with the U.S. and Cross-border segments contributing nearly US$58 billion in combined net deposits. Asia and Local Europe followed with US$24.79 billion and US$21.30 billion, respectively.
Passively managed funds experienced inflows of US$83.7 billion during the month, of which ETFs accounted for 84%, while active funds garnered US$29.74 billion. Bond funds attracted the most investor demand by asset class with US$69.94 billion in net contributions.
SSGA was the best-selling manager during the month, with over US$25 billion in net deposits, due primarily to its SPDR S&P 500 ETF. The fund attracted US$19.57 billion in net new cash during December and has US$277.54 billion in assets under management.