Distribution of Assets of open-ended funds Globally: USA is the Big Daddy
The world’s biggest economy, USA holds a disproportionate size of open-ended funds globally, when compared to its economy. At the end of the year 2017, US economy shares 15.26 per cent of the global GDP, while its share in equity AUM is 62.4%. In the case of Bond funds, its share is 53.8% followed by Europe that has 40.8%.
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)