>>> Asset Class Flows
- Equities: $1.2bn outflows (outflows in 6 of past 7 weeks) ($5.6bn mutual fund outflows vs $4.4bn ETF inflows)
- Bonds: $1.9bn inflows (inflows in 16 of past 17 weeks)
- Precious metals: first outflows in 5 weeks ($0.4bn)
>>> Equity Flows
- EM: $0.9bn inflows (inflows in 16 of past 17 weeks)
- Europe: $0.7bn outflows (38 straight weeks) (but this is smallest outflows in 35 weeks)
- Japan: $1.4bn outflows
- US: tiny $30mn inflows
- By sector: 5 straight weeks of financials inflows ($0.9bn); first inflows to REITs in 4 weeks ($0.8bn); outflows from healthcare ($0.5bn)
>>> Fixed Income Flows
- 20 straight weeks of TIPS inflows ($1.1bn – largest since Apr’16)
- 17 straight weeks of inflows to EM debt funds ($1.0bn)
- 13 straight weeks of inflows to bank loan funds ($0.6bn)
- 5 straight weeks of inflows to HY bond funds ($0.4bn)
- Smallest inflows to IG bond funds in 14 weeks ($0.3bn)
- First inflows to munis in 3 weeks ($0.3bn)
-16 straight weeks of outflows from Govt/Tsy funds ($1.8bn)