According to Morningstar Direct data, inflows to Japan funds in July hit their highest level since December.

According to Morningstar Direct data, inflows to Japan funds in July hit their highest level since December.
Overall ETF inflows in Asia came in at $29.73bn despite a mixed market backdrop.
Inflows into sustainable funds slowed during the second quarter but still outstripped conventional fund flows.
Eight of the 10 highest-performing funds came from the sector, with Matthews China returning 10.43%.
There has been a quick shift in investor preference towards safety after a strong run up in global equity markets at the beginning of the year.
A key contributor to this year’s figure was the S$710.87m in net subscriptions received under fixed income.
Thematic funds and Shariah-compliant funds are gaining popularity in the region, said Cerulli.
Sustainable funds across Asia continued to see outflows in the first quarter of the year with almost $100m pulled by investors.
The inflows came in response to China’s shift in policy on Covid-19.
The net asset value of all asset classes also increased during the fourth quarter, according to the Securities and Futures Commission.
Part of the Mark Allen Group.