Asia ex-Japan also recorded net outflows, said the mutual fund research company.
For 2014, outflows from Asia and Europe amounted to $78.9bn and $852bn, respectively.
By comparison, Japan had $47.6bn in inflows.
In terms of asset classes, all of them had net outflows except for mixed asset products.
Hit hardest were money market and equity funds, Lipper said.
Xav Feng, head of Asia Pacific research, sees 2015 as a challenging year for investors.
The US rate increase, strong US dollar, the Greek debt crisis and the real impact of Europe’s recent massive stimulus programme on the eurozone economies will be the critical indicators for investment decisions, he said.
“Investors should remain cautious as the global financial markets are becoming more volatile because of hot money flows,” he said.
A look at the charts provided by Lipper, highlighting the global fund flow trends:
|
2014Q1 |
2014Q2 |
2014Q3 |
2014Q4 |
2014 |
|
|
Asia ex-JP |
-35.96 |
-12.01 |
-12.81 |
-18.09 |
-78.87 |
|
Europe |
-193.29 |
-298.15 |
-181.17 |
-179.40 |
-852.01 |
|
Japan |
5.15 |
12.68 |
17.06 |
12.75 |
47.64 |
|
US |
60.95 |
64.63 |
122.08 |
-31.83 |
215.83 |
