All regions experienced growth - Global FlowWatch - January 2017 Results
/Globally, long-term mutual funds collected around US$267 billion in net new money during January. Every region experienced positive flows during the month, with the U.S. leading gains (US$116 billion). Crossborder and Local Europe followed with a combined US$121 billion in new investor money, while, Latin America and Asia, garnered US$17 billion and US$13 billion, respectively.
Active funds, garnered US$134 billion during the month, slightly beating their passive counterparts, which attracted US$133 billion. Investors in the Crossborder space were the biggest benefactor of active funds, contributing an aggregate US$55 billion in net new money. Overall, equities and bonds attracted the most investor money, with US$216 billion in combined net inflows across all regions.
BlackRock was the bestselling manager during the month, with close to US$35 billion in net deposits. Around 63% of flows or, US$22 billion, can be attributed to passive funds sold in the U.S. The iShares Core S&P 500 ETF was BlackRock’s bestselling fund, with US$7 billion in net gains.