Asia funds enjoy net cash inflows of $69 billion

Mutual funds domiciled in Asia and Japan received a net cash inflow in 2011 of $69.4 billion, making last year a good, but not great one for the industry as a whole. However, according to Strategic Insight, which has compiled the data, it remains a winner-takes-all environment in which the top blockbuster funds tend to win most of the assets. Globally the funds industry took in a net $200 billion last year: it’s positive, but well down from the $1 trillion of net inflows enjoyed…