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FXstreet.com (Barcelona) - Emerging Markets (EM) Equity funds have now received inflows for seven consecutive weeks and almost doubled week-on-week to +0.37% of AUM from +0.20% of AUM previously. According to the RBS Research Team, "We see the establishment of a positive trend in flows that should support EM currencies - overall, this week's data is positive for EM Rates, Credit and Currencies. Developed Markets."

Flows into High Yield Bond funds strengthened further to +0.45% of AUM from +0.41% of AUM the previous week, with YTD inflows rising to +20.7% of AUM. Developed Markets ( DM ) Equity funds meanwhile saw outflows for the fourth consecutive week at -0.17% of AUM, whilst US Bond funds received moderate inflows of +0.25% of AUM.

Flows to Western European bond funds were the strongest since July 2009 at +0.84% of AUM and follows outflows of -0.05% of AUM the previous week. However, "We will need more data points to see whether this was a one-off." writes the team.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.





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