€33bn inflows - Europe FlowWatch August 2016 Results

During the month of August, investors deposited a net €33 billion into long-term funds in Europe and cross-border space, bringing the aggregate year-to-date flows to €115 billion. Bond products garnered the most new money at €25 billion, while “other” and mixed funds contributed approximately €12 billion combined. Meanwhile, equity vehicles experienced continuous net redemptions, totaling €3 billion in net outflows for the month.

At the category level, Bond Global, Bond Emerging Markets, and Bond Europe funds collected €7 billion, €6 billion, and €5 billion in net flows respectively. In contrast, Equity Europe funds saw €7 billion in net redemptions during August.

Nordea’s 1 - Stable Return fund, an Absolute Return Multi-Asset product domiciled in Luxembourg and sold across European countries, was the bestselling fund for the second consecutive month, attracting roughly €2 billion in net flows.