Despite declines in the stock market in May and June and growing concerns over sovereign debt and the possibility of a double-dip recession, long-term funds around the world took in $350 billion in net flows in the first six months of the year, according to Strategic Insight.

“Recent developments in the industry include heightened attention to ETFs and the emergence of alternative investing through retail funds in Japan,” said Jag Alexeyev, head of global research at Strategic Insight.

ETFs captured $80 billion, or roughly 23% of the flows, and are on track to amass net gains of $150 billion this year.

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