Mutual funds in Asia captured $35bn of net inflows during the second quarter, a remarkable result given recent volatility.

Every major market in Asia registered inflows except China, where net redemptions were limited to just $5bn, a reassuring sign for a young industry with many new investors and equity fund price declines averaging 20% during the quarter.

Asia funds see $35bn inflow in second quarter

Tara Loader Wilkinson

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Pimco’s European business suffers almost 40% profit drop as performance fees slump

Jose Minaya’s big plan for Newton, and DWS boss predicts ‘gigantic’ stablecoin market

DWS CEO sees ‘gigantic market’ emerging for stablecoins

Milbank hires private equity M&A rising star in Germany

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

Senior GIC private equity lawyer joins Dechert in London

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US law firm hires private equity specialist from key client

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U.S. Stocks Amble to Fresh Records on Optimism for a September Rate Cut

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How One Big Private-Equity Fund Makes Its Numbers Incomprehensible

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Trump Calls on Goldman to Replace Economist Over Tariff Stance

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A 23-year-old former OpenAI researcher quickly amassed more than $1.5 billion for a firm he called a “brain trust on AI.” 

Billions Flow to New Hedge Funds Focused on AI-Related Bets

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The U.K. central bank lowered its key rate for the fifth time in a year as it seeks to balance a pickup in inflation against a cooling jobs market.

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The private-equity firm’s profit rose amid what its executives called the best environment for selling assets in years.

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Trump’s BLS Firing Tests Wall Street’s Reliance on Government Data

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Microsoft joined Nvidia in the $4 trillion market-cap club, while Meta is closing in on the $2 trillion mark.

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