The South African fund industry enjoyed estimated net inflows of $9 bn over the course of 2019. These inflows were way above the flows for 2018 ($3 bn) and occurred in a positive market environment with an increased volatility driven by discussions about a possible trade war between the U.S. and China, a possible return of the euro crisis caused by developments in Italy and France, and a general economic slowdown with decreasing earnings at the company level. Nevertheless, since the equity markets showed a very strong rebound over the course of 2019, one would expect to see net inflows

The South African fund industry enjoyed estimated net inflows of $10.0 bn over the course of the first nine months of 2019. These inflows occurred in a volatile but positive market environment driven by discussions about a trade war between the U.S. and China, a possible return of the euro crisis caused by developments in Italy and France, and a general economic slowdown with decreasing earnings at the company level. Nevertheless, since the equity markets showed a rebound over the course of 2019 so far, one would expect to see net inflows into mutual funds. Assets Under Management in the

The South African fund industry enjoyed estimated net inflows of $4.8 bn in H1 2019. These inflows occurred in a volatile but positive market environment driven by discussions about a possible trade war between the U.S. and China, a possible return of the euro crisis caused by developments in Italy and France, and a general economic slowdown with decreasing earnings at the company level. Nevertheless, since the equity markets showed a rebound over the course of H1 2019, one would expect to see net inflows into mutual funds. Assets Under Management in the South African Fund Industry The assets under