>>> Asset Class Flows
* Equities: $5.9bn outflows (largest in 5 weeks) (outflows from both ETF’s and mutual funds)
* Bonds: $5.9bn outflows (largest weekly outflows since Dec’13)
* Commodities: eke out tiny inflows ($85mn)
>>> Equity Flows
* EM: big $9.3bn outflows (but note $5.1bn of outflows from just one ETF: Huatai-Pinebridge CSI 300);
* Japan: $1.2bn inflows (inflows in 15 out of past 16 weeks)
* US: small $0.3bn outflows
* Europe: tiny $93mn inflows
>>> Fixed Income Flows
* Largest weekly outflows from HY bond funds in 25 weeks ($2.9bn)
* Largest weekly outflows from EM debt funds in 20 weeks ($0.8bn)
* 7 straight weeks of outflows from govt/tsy funds ($1.2bn)
* Weakest weekly inflows to IG bond funds in 77 weeks ($0.2bn)
* Outflows from TIPS ($0.5bn), Munis ($0.5bn) and even bank loans ($0.2bn)