>>> Asset Class Flows
- Equities: $7.4bn outflows (5 straight weeks) ($4.8bn mutual fund outflows and $2.7bn ETF outflows)
- Bonds: $3.5bn inflows (inflows in 10 of past 11 weeks)
- Precious metals: $1.0bn inflows (inflows in 17 of past 18 weeks)
- Money-markets: $10.9bn inflows (largest in 13 weeks)
>>> Equity Flows
- Europe: $3.9bn outflows (14 straight weeks = longest streak since Feb’08)
- EM: $2.3bn outflows (largest in 16 weeks)
- Japan: ekes out $88mn inflows (ends 8 straight weeks of outflows)
- US: $2.2bn outflows (outflows in 4 of past 5 weeks)
- By sector, 12 straight weeks of REITs inflows ($0.8bn); 4 straight weeks of tech outflows ($0.2bn); first outflows from financials in 4 weeks ($0.4bn)
>>> Fixed Income Flows
- $3.2bn inflows to IG bond funds (10 straight weeks)
- $1.5bn outflows from HY bond funds (2 straight weeks)
- $1.2bn inflows to Munis (34 straight weeks)
- $0.3bn inflows to TIPS (13 straight weeks)
- $0.2bn inflows to EM debt funds (12 straight weeks)
- $0.9bn outflows from Govt/Tsy funds (12 straight weeks)