Bonds leading the way - Global FlowWatch - June 2016 Results

Globally, long-term mutual funds attracted nearly US$24 billion in net flows during June. Bond products led the way by gathering approximately US$38 billion, followed by "other" vehicles (which include absolute return, commodities, guaranteed, real estate and other alternative funds) with US$20 billion. On the contrary, equity vehicles suffered US$29 billion in net redemptions, while mixed funds saw outflows of US$5 billion during the month.

Overall long-term funds worldwide collected US$159 billion in net new money in the first half of 2016, only achieving about 20% of the net flows garnered during the same period last year.

At the regional level, Local Asia took in the most amount of new investor money among all regions, totalling $65 billion for the first half of 2016; the U.S. and Local Europe added roughly US$47 billion each, while Canada and Latin America experienced inflows of US$21 billion and US$1 billion respectively. Meanwhile the Cross-border region witnessed net redemptions of US$22 billion so far this year.