May 16, 2017

Global Fund Market Statistics For April: Lipper Analysis

by Otto Christian Kober

Key Highlights & Observations

Fund Market Overall

Assets under management in the global collective investment funds market grew US$586.7 billion (+1.5%) for April and stood at US$39.88 trillion at the end of the month. Estimated net inflows accounted for US$70.9 billion, while US$515.8 billion was added because of the positively performing markets. On a year-to-date basis assets increased US$2,667.8 billion (+7.2%). Included in the overall year-to-date asset change figure were US$442.4 billion of estimated net inflows. Compared to a year ago, assets increased a considerable US$3,806.9 billion (+10.6%). Included in the overall one-year asset change figure were US$1,026.9 billion of estimated net inflows. The average overall return in U.S.-dollar terms was a positive 1.2% at the end of the reporting month, outperforming the 12-month moving average return by 0.7 percentage point and outperforming the 36-month moving average return by 1.2 percentage points.

Fund Market by Asset Type, April

Most of the net new money for April was attracted by bond funds, accounting for US$57.8 billion, followed by mixed-asset funds and equity funds, at US$13.3 billion and US$5.9 billion of net inflows, respectively. Money market funds, with a negative US$7.9 billion, were at the bottom of the table for April, bettered by “other” funds and real estate funds, at US$2.5 billion of net outflows and US$0.3 billion of net inflows, respectively. The best performing funds for the month were equity funds at 1.7%, followed by alternatives funds and bond funds, with 1.1% and 1.1% returns on average. Commodity funds, at negative 0.8%, bottom-performed, bettered by “other” funds and money market funds, at negative 0.1% and positive 0.4%, respectively.

Fund Market by Asset Type, Year to Date

Most of the net new money for the year to date was attracted by bond funds, accounting for US$269.8 billion, followed by equity funds and mixed-asset funds, with US$146.5 billion and US$67.7 billion of net inflows, respectively. Money market funds, with a negative US$61.1 billion, were at the bottom of the table for the year to date, bettered by “other” funds and real estate funds, with US$4.7 billion of net outflows and US$2.6 billion of net inflows, respectively. All asset types posted positive returns for the year to date, with equity funds at 9.1%, followed by “other” funds and mixed-asset funds, with 7.2% and 5.4% returns on average. Commodity funds, at positive 0.6% bottom-performed, bettered by money market funds and alternatives funds, at positive 3.3% and positive 4.0%, respectively.

Fund Market by Asset Type, Last Year

Most of the net new money for the one-year period was attracted by bond funds, accounting for US$628.0 billion, followed by equity funds and money market funds, with US$154.2 billion and US$134.5 billion of net inflows, respectively. “Other” funds, at negative US$8.1 billion, were at the bottom of the table for the one-year period, bettered by alternatives funds and real estate funds, with US$8.8 billion of net inflows and US$9.3 billion of net inflows, respectively. The best performing funds for the one-year period were equity funds at 11.9%, followed by mixed-asset funds and “other” funds, with 5.5% and 4.9% returns on average. Commodity funds, at negative 4.1%, bottom-performed, bettered by real estate funds and money market funds, at negative 2.1% and negative 1.2%, respectively.

Fund Classifications, April

Looking at Lipper’s fund classifications for April, most of the net new money flows went into Money Market GBP (+US$11.4 billion), followed by Bond Global and Equity Global ex US (+US$11.2 billion and +US$10.2 billion). The largest net outflows took place for Equity US, at negative US$16.6 billion, bettered by Money Market USD and Money Market BRL, at negative US$12.3 billion and negative US$9.8 billion, respectively.

Fund Classifications, Year to Date

Looking at Lipper’s fund classifications for the year to date, most of the net new money flows went into Bond USD Medium Term (+US$49.3 billion), followed by Bond Global and Equity Global ex US (+US$39.6 billion and +US$36.9 billion). The largest net outflows took place for Money Market USD, at negative US$78.1 billion, bettered by Money Market CNY and Bond CNY, at negative US$62.7 billion and negative US$14.6 billion, respectively.

Fund Classifications, Last Year

Looking at Lipper’s fund classifications for the one-year period, most of the net new money flows went into Bond USD Medium Term (+US$144.4 billion), followed by Money Market GBP and Money Market USD (+US$87.4 billion and +US$63.7 billion). The largest net outflows took place for Money Market CNY, with a negative US$69.1 billion, bettered by Equity Europe and Equity US, with a negative US$38.7 billion and a negative US$32.0 billion, respectively.

Download the full report here

Report Keywords , , ,

Get In Touch

Subscribe

Related Reports

The Real Estate sector ranks tenth out of the 11 sectors as detailed in our 4Q17 Sector ...

The twelfth annual Thomson Reuters Lipper Alpha Expert Forum was held in London on ...

The Consumer Staples sector ranks first out of the 11 sectors as detailed in our 4Q17 ...

At the beginning of the fourth quarter of 2017, only the Consumer Staples and Financials ...