Mutual fund assets worldwide totaled $19.41 trillion as of June 30, up 1.6% from the first quarter and up 19% from the year before, according to the Investment Company Institute. Net inflows for mutual funds worldwide came to $206 billion in the second quarter, down 53% from the prior quarter but up 24% from the year-earlier quarter. With U.S. benchmark equity indexes declining during the second quarter, equity flows worldwide amounted to $73 billion, tumbling 70% from the prior quarter. Of that total, flows into equity funds in the Asia/Pacific and African regions accounted for $41 billion, with flows into the Americas and Europe at $32 billion. Bond funds worldwide saw a $5 billion outflow in the second quarter, compared with a $65 billion inflow for the first quarter. Money market funds saw inflows accelerate to $71 billion, up from $28 billion in the first quarter.