Want the latest retirement plan adviser news and insights? Sign up for PLANADVISER newsletters.
U.S. Leads in Mutual Fund Flows Year-to-Date
U.S. funds led the way with $384 billion in net inflows for the year, followed by International/Offshore with $259 billion. Europe Local funds took in $86 billion, while Asia funds posted net inflows of $56 billion.
Money-market funds saw year-to-date outflows of $750 billion.
According to SI’s Global Mutual Fund FlowWatch report, U.S. Equity funds have pulled in a net $73 billion for the year, and International/Offshore Equity funds have posted a net inflow of $59 billion. However, Europe Local equity funds and Asia equity funds lost ground with net outflows of $2 billion and $16 billion, respectfully.
Bond funds were the strongest contenders during the year, with U.S. bond funds posting a net $305 billion year-to-date and International/Offshore bond funds gaining $160 billion. Europe Local bond funds pulled in $22 billion and Asia bond funds posted a net $65 billion inflow so far this year.
Globally, more than $100 billion of new money went to long-term mutual funds during October, which were almost evenly split between fixed income products ($55 billion) and equity/mixed funds ($47 billion). On a regional level, the U.S. still led contributions and garnered $49 billion in flows, closely followed by Europe (including International/Offshore) with $47 billion. Long-term fund flows to Asia were flat, at $4 billion. Money-market funds worldwide saw over $30 billion in net redemptions during the month.
You Might Also Like:
![](https://si-interactive.s3.amazonaws.com/prod/planadviser-com/wp-content/uploads/2024/06/18132717/PAPS-061824-Vanguard-Reopening-Mutual-Funds-1336038230-web-432x243.jpg)
Vanguard Reopens Two Actively Managed Mutual Funds to New Investors
![](https://si-interactive.s3.amazonaws.com/prod/planadviser-com/wp-content/uploads/2024/05/29103532/PA-052924-Mutual-Fund-Outflows-1212333891-web-432x243.jpg)
Investor Shifts Herald ‘Irreversible Decline’ for Mutual Funds
![](https://si-interactive.s3.amazonaws.com/prod/planadviser-com/wp-content/uploads/2024/05/23141910/PAPS-052324-Gensler-and-swing-pricing-web-432x243.jpg)