Asia Fund Flows Put at $6.3B

December 17, 2010 (PLANSPONSOR.com) – October mutual fund flows in Asia were US$6.3 billion, according to Strategic Insight (SI) data.

SI, an Asset International company, said the October net flows by country included Japan ($3.1 billion), Hong Kong ($0.2 billion), China ($1.3 billion), Malaysia $0.4 billion), Thailand ($0.8 billion), Indonesia ($0.2 billion),  Philippines ($0.1 billion),  Taiwan ($0.4 billion), Korea ($1.2 billion),  and India (-$1.3 billion).

By asset class, SI said, the Asia October flows were Bond Emerging Markets ($1.5 billion), Bond High Yield ($4 billion), Real Estate ($1.3 billion), Bond AUD ($886 million), Bond Asia LC ($989 million), Equity Asia Pacific Ex Japan ($431 million), Equity Latin America ($-868 million), Equity China ($399 million), and Bond Convertibles ($365 million).

For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.

Among new fund highlights in the month, Nomura Deutsche HighDiv Infra Rltd EQ fund in Japan absorbed $0.7 billion, while China’s Dacheng Jingfeng Dual-class Bond and Yinhua Growth Pioneer Hybrid fund each pulled in about $0.5 billion.

More information about SI is at www.sionline.com .

«