According to Strategic Insight, an Asset International company, Japan, funds pulled in a total $6.3 billion, with real estate funds leading the way at $3.2 billion, followed by bond high yield funds ($2.6 billion) and bond Asia Pacific funds ($ 2.2 billion). Bond global funds lost a net $1.4 billion.
China experienced net inflows of $3.8 billion in July. Equity Asia Pacific funds posted a $3.3 billion net inflow, and guaranteed/protected funds pulled in $2.5 billion. Excluding money market funds (which lost a net $4.3 billion in assets), the highest outflow was from mixed flexible funds at $755 million.
In Hong Kong, funds pulled in a net $1.3 billion. The highest inflows were posted by equity Asia Pacific funds ($515 million).Japan’s Shinko US-REIT Open Fund, advised by Invesco Advisers, remained the top-selling fund in the region, attracting another $1 billion in July, and over $7 billion altogether so far this year.
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