Fund Management

Global Funds Industry Kept Expanding In July

Tom Burroughes Group Editor 17 August 2017

Global Funds Industry Kept Expanding In July

The total global collective investment funds sector held a total of $44.2 trillion of assets at the end of July.

Assets under management in the global collective investment funds market grew by 2.6 per cent in July from the previous month to stand at $44.42 trillion at the end of the month, according to Thomson Reuters Lipper.

Estimated net inflows accounted for $130.7 billion, while $993.8 billion was added because of the positively performing markets. Included in the overall year-to-date asset change figure were $946.3 billion of estimated net inflows. Compared to a year ago, assets increased by 13.8 per cent.

Most of the net new money for July was attracted by bond funds, accounting for $60.1 billion, followed by money market funds and mixed-asset funds, at $43.4 billion and $16.6 billion of net inflows, respectively. "Other" funds, with a negative $4.6 billion, were at the bottom of the table for July, bettered by commodity funds and real estate funds, at $2.1 billion of net outflows and $0.2 billion of net inflows, respectively.

 

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