Global fund assets rise by 12% in 2015
Global investment fund assets have increased by 12% to a total of €36.94trn at the end of 2015, according to European Fund and Asset Management Association (Efama).
While the sale in long-term funds increased sharply, recording net inflows of €1,602bn in 2015, money market funds appeared to be the most popular asset class, in the fourth quarter, attracting €364bn, compared to equity funds (€174bn), bond funds (€32bn) and balanced funds, which attracted €120bn in Q4.
In terms of overall market share, at the end of 2015, assets of equity funds represented 40% and bond funds represented 20% of all investment fund assets worldwide. Of the remaining assets money market funds represented 13% and the asset share of balanced/mixed funds was 18%, according to Efama.
The market share of the ten largest countries/regions in the world market were the United States (48.4%), Europe (33.2%), Australia (3.8%), Japan (3.3%), China (3.1%), Canada (2.9%), Brazil (2.8%), Rep. of Korea (0.9%), India (0.4%) and South Africa (0.4%).