January’s fair market weather continued into February. Among major world indices, the SMI saw some of the strongest returns, with year-to-date gains of over 11%. Total net inflows for the month neared €3bn, slightly outpacing January’s figures. In line with Europe’s general trend, bonds bagged all the glory, gathering almost €2bn. Equity funds meanwhile took a net €680m – still a handsome number considering net pan-European outflows.