For the month of March, investors deposited a net US$146 billion into long-term funds globally, increasing the Q1 net flows to US$450 billion.
Mixed funds led the March contributions with US$54 billion, followed by Bond products at US$43 billion, Equity at US$29 billion, and ‘Others’ vehicles at US$20 billion.
On a regional level, the U.S. captured the most flows with US$52 billion. The Cross-border space came in second with US$38 billion, while local Europe, Asia, and Canada added US$26 billion, US$23 billion, and US$10 billion, respectively. Latin America experienced about US$3 billion in net redemptions.