>>> Asset Class Flows
* Equities: $6.4bn inflows (note $5.8bn inflows via ETFs)
* Bonds: $7.1bn inflows (7 straight weeks) (Table 1)
* Money-markets: $11.2bn outflows
* Precious metals: $0.3bn outflows (first outflows in 5 weeks; losing momentum)
>>> Equity Flows
* Europe: $5.8bn inflows (6 straight weeks) – the crowded trade
* EM: modest $0.8bn inflows (2 straight weeks) (Table 2)
* US: $1.2bn outflows (outflows in 6 out of past 7 weeks)
* Japan: $0.4bn outflows
>>> Fixed Income Flows
* 61 straight weeks of inflows to IG bond funds ($5.0bn)
* 4 straight weeks of inflows to HY bond funds ($2.1bn) (Chart 4)
* 3 straight weeks of inflows to EM debt funds (albeit small $99mn)
* 32 straight weeks of outflows from bank loan funds (albeit small $95mn)
* 18 straight weeks of inflows to MBS funds ($0.4bn)
* First outflows from muni funds in 23 weeks (albeit small $38mn)