Mutual fund and exchange-traded product (EPT) flows made a weak showing in 2015, although equity funds still topped the list despite lower year-over-year inflows.
That's according to data from Morningstar Inc., which found in its fourth annual Global Asset Flows Report that total flows in 2015, at $949 billion, were notably lower than the $1.4 trillion that flowed into funds globally in 2014.
The U.S. fund industry had new asset flows of $263 billion, Morningstar reported, which was down from $580 billion in 2014.
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