Asia-Pacific investors injected a net $26.9 billion into domestic mutual funds in the second quarter of 2011, as per data from Lipper FMI, Financial Times reports. The rise in demand in the period followed three consecutive quarters of net outflows.
Japanese funds saw net inflows of $12.23 billion, while inflows in Thailand were $8.3 billion, followed by $5.8 billion in China, $4.8 billion in India and $2.5 billion in Hong Kong and Taiwan. In Hong Kong, net inflows into retail funds increased by nearly 50% in the second quarter from the previous one.
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