Traditional Institutional Asset Management Recorded Net $22.7B Inflows in Q3

However, significant redemptions from U.S. equities continued apace, with net outflows totaling $36.7 billion, according to the report. U.S. large cap growth strategies saw the largest outflows of all U.S. equities, $16.5 billion.

U.S. bonds reported Q3 outflows of $20.4 billion despite inflows of $14 billion into U.S. core plus fixed income, the largest inflows of any fixed income category.

Following are highlights from the report of Q3 activity among several investor types:

• Africa/Middle East-domiciled investors were net buyers, with net inflows totaling $3.6 billion
• Europe ex-U.K. investors were net sellers, redeeming $21.2 billion
• Japanese investors recorded net inflows of $977 million
• Hong Kong investors withdrew $512 million, a majority of that U.S. equities
• Australian investors saw net outflows of $5.2 billion, down from the $6.9 billion in outflows in Q2
• Corporate pensions recorded net inflows of $12 billion, favoring emerging markets debt ($1.5 billion) and emerging markets equity ($4.2 billion)
• Defined contribution plans reported net outflows of $1.3 billion
• Sovereign wealth funds were net sellers, with outflows of $7.1 billion following inflows of $8.6 billion in Q2.

— Check out Hedge Funds Hit With $2.9 Billion in Redemptions in October on ThinkAdvisor.