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The latest Worldwide Flows report by Investment Company Institute (USA) shows that the U.S. accounts for more than half of all assets followed by France, Ireland and Luxembourg. At the end of the first quarter of 2010, 40 percent of worldwide mutual fund assets were held in equity funds. The asset share of bond funds was 21 percent. Investment Company Institute, the national association of U.S. investment companies, says, “Mutual fund assets worldwide increased 0.3 percent to $23.02 trillion at the end of the first quarter of 2010. In total, worldwide mutual funds had $104 billion in net outflows in the first quarter, compared to $77 billion in net inflows in the fourth quarter of 2009. The Worldwide Flows report shows that the U.S. accounts for 56, 5% of all assets with $2.984 trillion....
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