Global FlowWatch highlights - January 2022
/Global long-term mutual funds recorded US$82 billion in net new money during the first month of 2022. Local Asia experienced the largest net subscription of any region, with US$36 billion. Cross-Border and the U.S. followed with US$19 billion and US$17 billion of inflows, respectively. Local Europe and Latin America attracted a combined US$11 billion in aggregate net deposits.
Passively managed funds garnered US$90 billion in net new flows while active funds experienced total redemptions of US$8 billion. Investors in the U.S. were the largest benefactors of passive funds, recording an aggregate US$75 billion in net new deposits. Overall, equity funds attracted the most investor demand out of any asset class, with US$67 billion in net subscriptions.
Fidelity Investments was the best-performing manager in January, attracting US$15 billion across its long-term products. The Fidelity 500 Index was Fidelity’s best-selling fund and attracted US$8 billion in net deposits.
