Morningstar: International, passive, bonds see inflows

The international-equity Morningstar category continued to see strong flows in April, as reported in the Morningstar Direct U.S. Asset Flows Update for April 2015. Of the $42.3 billion invested in international-equity in April, $32.4 billion went to passive funds. Indexing is becoming a mainstream strategy in the international space, and most April flows went to foreign large-blend funds, particularly those focused on the European market.

Taxable-bond funds continued to grow in April, and active U.S.-equity continued to see outflows, with April seeing the largest outflows since July 2014. Surprisingly, passive U.S.-equity also experienced outflows in April, driven by SPDR S&P 500 SPY, the largest U.S. market-tracking ETF.

For more details on asset flows during April, please see Morningstar’s full report here.