Flows for all category groups totaled $128.1 billion in January, setting a monthly record. The previous largest flow, $116.2 billion, occurred in January 2013.
The taxable bond category topped all categories, receiving a total inflow of $47.0 billion, almost equally distributed between active and passive. International equity attracted $41.9 billion, with the majority of those flows going to passive funds. In fact, the international equity category group attracted its largest monthly flow since April 2015.
To view this article, become a Morningstar Basic member.
Alina Lamy does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.