19 Jun 2015
Asia Pacific fund flows: EM Asia sees a moderation in outflows - ANZ
FXStreet (Barcelona) - HuiYing Chan and Irene Cheung of ANZ Research offer the Asia Pacific Equity and Bond fund flow data for the week ending 17th June, 2015.
Key Quotes
“EM Asia registered a sharp moderation in outflows to USD1,307m from USD8,329m. The moderation was mainly driven by China equities.”
“For this week, China equity funds registered an outflow of USD2,077m vs USD7,115m. The outflows came on the back of a 2.8% drop in the SHCOMP index.”
“On the other hand, equity markets in Emerging Asia ex China reversed to register an inflow of USD128m from an outflow of USD981m the week before. Similarly, EM equities ex Asia registered a reversal of inflow to USD123m from an outflow of USD794m previously.”
“China bond funds reversed to register an inflow of USD188m from an outflow of USD28m while Emerging Asia ex China bond outflows similarly registered an inflow of USD455m from an outflow of USD205m, led by a reversal in all markets.”
“There was a sharp moderation in outflows from EM bonds to USD190m vs USD796m. The majority of the outflows continued to be led by hard currencies.”
Key Quotes
“EM Asia registered a sharp moderation in outflows to USD1,307m from USD8,329m. The moderation was mainly driven by China equities.”
“For this week, China equity funds registered an outflow of USD2,077m vs USD7,115m. The outflows came on the back of a 2.8% drop in the SHCOMP index.”
“On the other hand, equity markets in Emerging Asia ex China reversed to register an inflow of USD128m from an outflow of USD981m the week before. Similarly, EM equities ex Asia registered a reversal of inflow to USD123m from an outflow of USD794m previously.”
“China bond funds reversed to register an inflow of USD188m from an outflow of USD28m while Emerging Asia ex China bond outflows similarly registered an inflow of USD455m from an outflow of USD205m, led by a reversal in all markets.”
“There was a sharp moderation in outflows from EM bonds to USD190m vs USD796m. The majority of the outflows continued to be led by hard currencies.”