Global equity and US equity funds took the lion's share, helping inflows to bounce back from the previous month.
In Japan, Asset inflows recovered to around $9 billion in June, a new record, the latest Morningstar Direct report released on Friday shows.
Global equity and US equity funds saw «overwhelming» strength, as did allocation funds. Japan equity funds, however, saw levels dip to the lowest since last November.
REIT Outflows
Both Japan and World REIT categories showed outflows in June, although bonds (Japan and World) saw moderated inflow numbers.
Morningstar indicated that Indian equity funds remained popular in June, with four funds ranking in the top 20 of individual funds.
