Here is the January summary of mutual fund flows from Strategic Insight...
Bond fund flows continued at a robust pace in January ($30 billion), driven by continued strong demand for income in a near-zero cash yield environment. The month also saw a slight pickup in demand for actively managed equity funds, which came in the face of a fall in equity market indices—the average equity fund experienced an NAV decline of 3.8% (asset-weighted average) in January. Flows into active international/global equity funds neared $10 billion (the highest volume since May 2008), and active US equity/hybrid funds saw positive net inflows for the first time since June 2009. In total, equity funds, active and passive, garnered $15 billion in January.