Morningstar survey: Global inflows for 2015 drop by one third

Equity funds remain at top

Morningstar's latest annual global asset flows report has revealed the scale of the impact of last year's market volatility on investor sentiment, with total sales of mutual funds significantly lower in 2015 than the previous year.

In 2014, mutual funds saw $1.4trn (£988bn) of total flows, but last year saw a notable drop to $949bn (£670bn) of total fund sales globally. The US saw new asset flows of $263bn, less than half of $580bn seen in 2014, while Asia showed the strongest organic growth rate among all regions analysed, at 18.6%.  Allocation funds gathered $171bn, taking the position as the group with the second-largest inflows, while fixed income funds saw $132bn of new money. Alternative funds saw double-digit organic growth for a second year running, the highest rate among global category groups. The r...