http://www.reuters.com/article/2015/04/21/us-investing-fundflows-trimtabs-idUSKBN0NC1IW20150421
Reuters) - Global
equity mutual funds and exchange-traded funds attracted $88.3 billion
of net inflows so far in 2015, putting them on track to surpass the
previous four-month record total of $86 billion from December 2005
through March 2006, TrimTabs Investment Research said on Tuesday.
TrimTabs said strong investor interest in non-U.S. equities is broadening from Europe and Japan into emerging markets.
"Heady
gains in Chinese stocks are attracting loads of American money," said
TimTabs Chief Executive Officer David Santschi. "ETFs focused on Chinese
stocks shot up 14 percent in the past month."
Even
ahead of China's stimulus measure announced on Sunday, ETFs focused on
Chinese equities posted 22 consecutive days of inflows totaling $1.6
billion, TrimTabs said.
The People's Bank of China on Sunday cut by one percentage point the cash banks must hold in reserve, freeing up more than $200 billion for lending.
"For
now, central bank stimulus measures are propping up financial asset
prices around the world," Santschi said. "The long-term consequences of
these policies may not be as pleasant."
(Reporting By Jennifer Ablan; Editing by Chizu Nomiyama and Jonathan Oatis)
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