Strategic Insight research shows Asia-based funds overall had a good, not great year in 2011, in line with the US and in contrast to Europe; but only the top managers benefited.
Tag : fund flows
Emerging-market funds accounted for the bulk of worldwide equity-fund inflows last week, as investors reacted to expected dollar weakness, according to EPFR Global.
Equity funds suffer from net outflows as many investors turn to fixed-income funds once again.
United States, Western Europe and Japan equity funds post their largest six-month combined outflows on record; Middle East and Latin America funds are the clear winners.
First quarter data from Lipper shows investors in Singapore turning more cautious with overall fund inflows declining and equity portfolios posting net outflows versus net inflows previously.
US equity funds and money market funds absorb inflows, while Asia ex-Japan funds continue to suffer from net outflows. Taiwan bucks the regional trend with eight straight weeks of net inflows.
The renewed influx of funds in US portfolios last week came at the expense of emerging markets portfolios which suffered outflows.
Equity funds continue to post net outflows, save for a few that invest in global emerging markets, according to EPFR Global data.
Investors still perceive money market funds as safe havens, while many continue to avoid G7 markets.
Money market and US bond funds are benefiting from the redemptions from equity funds, but EPFR Global says recent outflows in emerging market portfolios are increasingly being seen as a signal for renewed buying.
The latest EPFR fund flows data shows investors are still putting money into funds that hold bank and US small-cap stocks despite concerns over the US economy.
EPFR Global data shows many investors worldwide remain cautious, but risk appetite is slowly increasing.