The top 15 active houses worldwide attracted over half of industry inflows last year, proving size matters. Their growth was driven by income funds, equity, multi-asset and alternatives.
Strategic Insight research shows Asia-based funds overall had a good, not great year in 2011, in line with the US and in contrast to Europe; but only the top managers benefited.
Emerging-market funds accounted for the bulk of worldwide equity-fund inflows last week, as investors reacted to expected dollar weakness, according to EPFR Global.
Equity funds suffer from net outflows as many investors turn to fixed-income funds once again.
United States, Western Europe and Japan equity funds post their largest six-month combined outflows on record; Middle East and Latin America funds are the clear winners.
First quarter data from Lipper shows investors in Singapore turning more cautious with overall fund inflows declining and equity portfolios posting net outflows versus net inflows previously.