Net inflows to Japanese open-ended funds rose in February with all categories bar real estate investment trusts (REITs) experiencing positive inflows, Morningstar Direct data show.
Net inflows to open-ended funds in February came in at ¥1.41trn ($9.4bn) compared with ¥1.3trn in January.
World equity led overall net inflows with the total figure coming in at ¥1.14trn in February, down slightly from ¥1.16trn the previous month.
Morningstar noted that two individual world equity funds ranked in the first and second positions by monthly inflows.
Together they collected over ¥400bn net inflows, accounting for 36% of the category.
Meanwhile, amid a continuous stock rise, Japan equity funds hit ¥143.4bn in February, up from ¥130bn in January.
Morningstar also noted that in Japan equity, active funds dominated passive funds, while in world equity, it was the reverse.
In fixed income, world bond saw an increase in inflows to ¥66.9bn from ¥3.1bn in January on the back of greater focus on US interest rate policy.
Japan bond also turned positive in February with ¥25.4bn of inflows compared with outflows of ¥8bn in January.
World REIT and Japan REIT were the only category to record outflows at ¥16.7bn and ¥18.8bn respectively.
