Global AuM Steady In July As Bond, Commodity Funds Suffer Outflows – Lipper Data

Amisha Mehta

20 August 2015

Global assets under management remained steady in July at $35.9 trillion thanks to net inflows of $114.9 billion, according will raise interest rates this year but, on the other, this seems unlikely as US macroeconomic data shows little signs of significant improvement,” said Lipper’s global head of methodology, Otto Christian Kober.

“Cheap money (from borrowing at low rates) isn’t finding its way into the real economy, as investors prefer to stay on the sidelines, accepting lower interest rates for less risk in fixed income markets.”

All asset types posted negative average returns, with commodity funds taking the biggest hit, falling 8.7 per cent, due to a further drop in energy prices following Iran's agreement with major powers about its nuclear activities and a sharp decline in the price of gold, the firm said.