MutualFundWire.com: Fund Flows Plummet Worldwide ... Except in Asia

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Tuesday, March 22, 2016

Fund Flows Plummet Worldwide ... Except in Asia

The future of the mutual fund industry may lie in Asia.

Fernando Luque
Morningstar
Senior Financial Analyst

Net inflows into open-end mutual funds and ETFs plunged worldwide last year, except in Asia, according to Morningstar's just-released "2015 Global Asset Flows Report." The mutual fund ratings giant estimates that net flows into mutual funds in Asia more than doubled last year to $202 billion, behind only U.S. and cross-border inflows.

Inflows everywhere else in the world fell noticeably. For instance, flows in the U.S. dropped 55 percent to $263 billion in 2015, M* estimates.

The 32-page report digs into flows across the globe, by region. The findings support common narratives about the U.S. business, including the rise of target-date funds and passive funds as well as the dominance of highly-rated funds.

The report was authored by: Peter Gee, research survey manager, Australia fund analysis; Alina Lamy, senior analyst, markets research; Fernando Luque, senior financial analyst, editorial EMEA; Matias Mottola, senior analyst, EMEA fund research; and Timothy Strauts, marketing research manager, markets research.

Printed from: MFWire.com/story.asp?s=53694

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