>>> Asset Class Flows
- Equities: $7.3bn outflows (largest in 9 weeks) ($4.3bn ETF outflows and $3.1bn mutual fund outflows)
- Bonds: $4.9bn inflows (inflows in 7 of past 8 weeks)
- Precious metals: first outflows in 15 weeks (albeit small $38mn)
- Money-markets: big $30bn outflows
>>> Equity Flows
- Europe: $2.1bn outflows (11 straight weeks = longest streak since May’10)
- Japan: $2.6bn outflows (largest outflows since Nov’14) (6 straight weeks) (longest streak since Feb’12)
- EM: $0.3bn inflows (first inflows in 4 weeks)
- US: $4.2bn outflows (largest in 9 weeks)
- By sector, 9 straight weeks of inflows to REITs ($0.4bn); financials eke out first inflows ($0.2bn) in 6 weeks
>>> Fixed Income Flows
- $0.9bn outflows from Govt/Tsy funds (9 straight weeks)
- $1.3bn inflows to EM debt funds (9 straight weeks)
- $2.9bn inflows to IG bond funds (7 straight weeks)
- $0.2bn inflows to TIPS (10 straight weeks)
- $0.8bn inflows to HY bond funds (inflows in 8 of past 9 weeks)
- 31 straight weeks of inflows to Munis ($0.5bn)