Gross sales of international equity funds and managed funds reached US$127.96 million in November, representing 26.6 per cent of the industry total, according to the Hong Kong Investment Funds Association (HKIFA).
The industry registered gross sales of US$481.13 million in November, unchanged from October. However, net sales dropped to US$27.83 million from the previous month's US$134.3 million.
Gross sales for international equity and managed funds - a mixture of stocks and bonds - was the third-highest monthly figure recorded for this sector last year.
November's inflow boosted the sector's year-to-date gross total to US$1.09 billion, or 12.47 per cent of the industry's gross inflow.
The European equity sector's contribution to the industry's net sales was 65 per cent after it recorded inflows of US$912.94 million. The international/managed sector came second with US$444.98 million, about 32 per cent of the industry total. Sector funds were third with US$232.34 million, or 17 per cent of the total.
The HKIFA said sales of Asian equity sectors were lacklustre last year compared with the European and international/managed sectors.