Investing October 12, 2011

Asia Funds See $12B in Inflows in August

October 12, 2011 (PLANSPONSOR.com) - During the month of August, long-term funds in Asia (excluding India and China which, with exception of new fund IPOs, report assets on a quarterly basis) collected $12 billion in net flows despite the market volatility due to the U.S. credit downgrade and an intensifying European sovereign debt crisis.
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According to Strategic Insight, an Asset International company, Japan contributed $9.2 billion or three-fourths of the net new money. Equity Asia Pacific ($4.8 billion), Bond Asia Pacific ($2.2 billion), and Real Estate funds ($2.2 billion) topped the fund flow chart for Japan in August.  

Korea ($5.2 billion), Hong Kong ($983 million), and Thailand ($194 million) also saw significant inflows for the regions.   

In Korea, Money Market funds ($3.9 billion) and Equity Asia Pacific funds ($2.2 billion) were the clear leaders in August. In Hong Kong, Bond Asia Pacific ($343 million), Equity Asia Pacific ($277 million), and Mixed Flexible funds ($226 million) were favored, while in Thailand, investors preferred Guaranteed/Protected funds ($509 million), followed by Commodities ($382 million).  

SI data shows Nomura’s Nikkei 255 Index Linked Listed Investment topped the best-selling list in the region with $1.1 billion in flows in August. Moreover, ICBCCS Tianyi Bond in China, launched by a JV fund firm between ICBC and Credit Suisse, was the top new fund attracting $0.8 billion in net flows for the month.

More information is at http://www.strategicinsightglobal.com.

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