Money market funds excluded, cross-border fund sales hit €43.5bn in January – their largest monthly figure on record, while long-term fund sales were also significant and reached €54.4bn, their highest total since January 2006 when inflows were €56.1bn.
Equity fund inflows topped the €20bn mark for the first time since December 2010, reaching €20.8bn which was an increase of around €7bn from December when sales were valued at €13.3bn.
Bond sales were more stable at €23.7bn, just north of the seven-month bond sales average of €23.2bn.
Emerging market and global equity funds attracted the most capital during the month, although significant capital flowed into European (€2.4bn), Asian (€2.3bn) and Japanese (€1bn) funds.
Absolute return funds, meanwhile, attracted inflows of €4.6bn which is well above their 2012 monthly average of €1.9bn.
