Worldwide regulated open-end fund assets totaled $38.3 trillion as of June 30, up 2.2% from the end of the first quarter, said a quarterly report from the Investment Company Institute.
The report looks at mutual funds, exchange-traded funds and institutional funds. Funds-of-funds assets were excluded where possible.
Among the various fund types, equity fund assets rose 1% to $16.7 trillion globally in the second quarter; bond fund assets rose 1% to $8.2 trillion; balanced/mixed fund assets rose 7.4% to $5.4 trillion; money market fund assets rose 0.7% to $4.5 trillion; real estate funds assets climbed 8.5% to $436 billion; and guaranteed fund assets declined 9.4% to $87 billion. The remaining assets were in “other.”Globally, equity funds posted net inflows of $130 billion in the second quarter, down from $160 billion in the first quarter; bond funds experienced $110 in net inflows, down from $197 billion in the previous quarter; balanced/mixed funds posted $329 billion in net inflows, up from a net $189 billion; and real estate net inflows remained stable at $8 billion.
On the flip side, money market funds reported $22 billion in net outflows in the second quarter, compared to $11 billion in net outflows in the first quarter.
Percentage increases/decreased were impacted by a depreciating U.S. dollar in the second quarter, ICI noted in the report.