>>> Asset Class Flows
- Equities: $6.4bn outflows (note divergence between $14bn mutual fund outflows and $8bn ETF inflows)
- Bonds: $6.1bn outflows (outflows in 4 of past 5 weeks)
- Money-markets: $13.4bn inflows (10 straight weeks) (longest inflow streak since Mar’08)
- Commodities: $0.6bn inflows (first inflows in 3 weeks)
>>> Equity Flows
- Europe: $3.5bn inflows (largest in 14 weeks) (inflows in 28 of past 30 weeks)
- EM: 6 straight weeks of outflows ($1.7bn)
- Japan: $0.6bn inflows (largest in 6 weeks)
- US: $9.2bn outflows (largest in 13 weeks) (all via mutual funds)
>>> Fixed Income Flows
- Big $3.8bn outflows from HY bond funds (largest in 15 weeks)
- $1.0bn outflows from EM debt funds (outflows in 19 of 20 weeks)
- $0.5bn outflows from Bank loan funds (outflows in 18 of past 19 weeks)
- Modest $0.7bn outflows from IG bond funds (outflows in 3 of past 4 weeks)
- $1.0bn outflows from Govt/Tsy funds (outflows in 8 of past 9 weeks)
- 12 straight weeks of inflows to Munis ($0.6bn)
- 4 straight weeks of inflows to TIPS ($0.3bn)