Everyone winning in February - Global FlowWatch - February 2018 Results

In February, global long-term mutual funds collected around US$62 billion in net new money. Every region, with the exception of the United States, experienced positive flows during the month. Local Europe led gains with US$29 billion, followed by Local Asia with US$28 billion, while Crossborder and Latin America saw a combined US$25 billion in net deposits. Meanwhile, the United States experienced US$20 billion in net redemptions.

Active funds garnered US$35 billion during the month, slightly beating their passive counterparts, which attracted US$27 billion. Investors in Local Europe were the biggest benefactors of active funds, contributing an aggregate US$23 billion in net new money. Overall, mixed and equity funds attracted the most investor money, with US$54 billion in combined net inflows across all regions.

Vanguard was the bestselling manager during the month, with US$13 billion in net deposits. About half of Vanguard’s flows for the month can be attributed to the Vanguard Total Market Index fund, which garnered around US$7 billion in new investor money.