7 Apr 2015
Improvements in Emerging Market flows, while Developed Market FI is consistently strong – RBS
FXStreet (Barcelona) - The Research Team at RBS, shares the fundflow data in fixed income and equities for developed and emerging markets.
Key Quotes
“DM FI funds continue attracting healthy positive flows with the latest weekly print at +0.25% of AUM. The asset class has been uninterruptedly seeing inflows since the start of the year with a cumulative of +3.27% of AUM.”
“In contrast, DM Equities remained in the negative territory with an outflow of -0.13% of AUM in the latest week, a considerable deterioration from an impressive +0.34% inflow two weeks ago.”
“EM FI funds recorded an inflow of +0.18% of AUM. The asset class saw a positive turnaround in the last two weeks following two preceding weeks of considerable outflows (cumulatively -0.41% of AUM).”
“Hard currency funds attracted strong positive flows (+0.54% of AUM), while local currency outflows decreased sharply to -0.11%. We see this improvement as primarily reflecting the effects of decreasing US yields following the more-dovish-than-expected Fed comments in March.”
“EM Equity funds saw outflows decreasing to -0.04% of AUM, compared to three earlier weeks of notably larger negative flows (cumulatively -0.73% of AUM).”
Key Quotes
“DM FI funds continue attracting healthy positive flows with the latest weekly print at +0.25% of AUM. The asset class has been uninterruptedly seeing inflows since the start of the year with a cumulative of +3.27% of AUM.”
“In contrast, DM Equities remained in the negative territory with an outflow of -0.13% of AUM in the latest week, a considerable deterioration from an impressive +0.34% inflow two weeks ago.”
“EM FI funds recorded an inflow of +0.18% of AUM. The asset class saw a positive turnaround in the last two weeks following two preceding weeks of considerable outflows (cumulatively -0.41% of AUM).”
“Hard currency funds attracted strong positive flows (+0.54% of AUM), while local currency outflows decreased sharply to -0.11%. We see this improvement as primarily reflecting the effects of decreasing US yields following the more-dovish-than-expected Fed comments in March.”
“EM Equity funds saw outflows decreasing to -0.04% of AUM, compared to three earlier weeks of notably larger negative flows (cumulatively -0.73% of AUM).”