Among developed markets, Asia Pacific (APAC) funds gathered $ 4 billion in flows, and while European funds accumulated roughly $ 10 billion for the full year, they incurred
net outflows during the second half of the year.
For many and much - discussed reasons (notable
among them, China's
net outflows hitting USD 725 billion in 2016), last September, China banned trading and fundraising via ICO, followed by a ban of «exchange - like services», in January and supplemented with a ban of foreign exchanges in February.