Global Fund Net Assets Decline Excluding the Americas... Korea Ranks 13th
The Korea Financial Investment Association to Announce '3rd Quarter Global Fund Industry Trends' on the 22nd... Global Fund Net Asset Size Reaches $41.1 Trillion
[Asia Economy Reporter Geum Bo-ryeong] In the third quarter of last year, global fund net assets decreased in all regions except the Americas. South Korea ranked 13th in the country rankings.
According to the '3rd Quarter Global Fund Industry Trends' released by the Korea Financial Investment Association on the 22nd, the size of global fund net assets in the third quarter of last year was $41.1 trillion, down 0.1% ($40 billion) compared to the previous quarter.
By region, net assets decreased in all regions except the Americas. While the Americas saw an increase of $232.3 billion, Europe (-$198.1 billion), Asia-Pacific (-$67.9 billion), and Africa (-$9.3 billion) experienced declines. The regional net asset proportions were 54.1% for the Americas, 32.5% for Europe, and 13% for Asia-Pacific.
The top 15 countries by net asset size maintained the same rankings as the previous quarter. The United States ranked first, followed by Luxembourg and Australia in second and third place, respectively. South Korea remained 13th with $466.7 billion, down 1.6% ($7.7 billion) from the previous quarter. However, other countries excluded private equity funds, while South Korea included them.
By fund type, equity funds decreased by $158.7 billion to $1.74165 trillion, and other types of funds decreased by $678.5 billion to $2.64995 trillion compared to the previous quarter. In contrast, bond funds and mixed funds increased by $244.3 billion and $117.4 billion, reaching $933.51 billion and $514.2 billion, respectively. Money Market Funds (MMF) also increased by $432.6 billion to $660.45 billion.
The proportion by type increased by 1.1 percentage points for MMF, 0.6 percentage points for bond funds, and 0.3 percentage points for mixed funds, while equity funds decreased by 0.4 percentage points.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Meanwhile, net fund inflows in the third quarter of last year amounted to $466.6 billion, an increase of $292.6 billion compared to the previous quarter. Net inflows were recorded in the Americas ($263.5 billion), Europe ($143.4 billion), Asia-Pacific ($56.4 billion), and Africa ($3.3 billion).
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
