Worldwide Mutual Fund Assets and Flows, Fourth Quarter 2007#TopOfPage

Worldwide Mutual Fund Assets and Flows, Fourth Quarter 2007#TopOfPage: "Worldwide Mutual Fund Assets And Flows
Fourth Quarter 2007

Washington, DC, April 16, 2008 - Mutual fund assets worldwide increased 1.6 percent to $26.20 trillion at the end of the fourth quarter of 2007. For the year as a whole, assets grew 20.1 percent. Net cash flow to all funds worldwide was $383 billion in the fourth quarter, up from $316 billion in the third quarter of 2007. Inflows to long-term funds rebounded, with $139 billion in inflows in the fourth quarter compared to $37 billion in the third quarter. Inflows to money market funds remained robust, with $244 billion in inflows in the fourth quarter of 2007, down only slightly from the $279 billion pace set in the third quarter. On an annual basis, net cash flow to all funds was $1.54 trillion in 2007, up 18.5 percent from 2006."