Weekly flows: bond inflows ($2.6bn), equity outflows ($3.1bn) & precious metals
inflows ($0.4bn).
* Equities: $3.1bn outflows (outflows in 4 of past 5 weeks) ($5.5bn mutual fund outflows vs $2.4bn ETF inflows)
* Bonds: $2.6bn inflows (inflows in 14 of past 15 weeks)
* Precious metals: $0.4bn inflows (3 straight weeks)
>>> Equity Flows
* Japan: first outflows in 6 weeks (chunky $2.8bn – largest in 6 months)
* EM: $2.5bn inflows (largest in 8 weeks) (inflows in 14 of past 15 weeks)
* Europe: $1.1bn outflows (record 36 straight weeks of outflows)
* US: $2.3bn outflows (outflows in 5 of past 6 weeks)
* By sector: largest outflows from REITs in 8 months ($0.6bn); chunky inflows to financials ($0.5bn) and tech ($0.5bn)
>>> Fixed Income Flows
* 11 straight weeks of inflows to bank loan funds ($0.4bn)
* 18 straight weeks of TIPS inflows ($0.6bn)
* 15 straight weeks of inflows to EM debt funds ($0.9bn)
* $0.6bn inflows to HY bond funds (3 straight weeks)
* $2.3bn inflows to IG bond funds (inflows in 31 of past 32 weeks)
* First outflows from munis in 57 weeks (albeit tiny $48mn)
* 14 straight weeks of outflows from Govt/Tsy funds ($2.3bn)