2013 Was Best Year Of Equity Inflows Since 2004

“Fund Flow Insights – Alert, Best Equity Inflows Since 2004,” a research note by the Citi Global Strategy Team, says the year gone by was notable for some high water marks in terms of fund flows.

2013 highlights

• Equity funds – Global inflows ($346B), as a percentage of AUM (3.5%), were the highest since 2004 (3.9%).
• Developed market (DM) equity funds – Had the first year of net inflows ($374B) since 2006.
• Emerging market (EM) versus DM equity funds – First year (since records started) of positive inflows to DM accompanied by outflows in EM ($27B).
• Bond funds – Had the first negative inflows year since 2008.

Fund flow triggers

Equities in developed markets attracted...