em-stocks

EM Equity and Bond Fund Flows

 

EM Equity funds reported inflows of US$1.04bn this week. This is the 14th straight week of inflows for EM funds, with cumulative inflows of US$21.4bn (2.5% of AUM). EM ETFs funds and EM active funds reported inflows of US$0.85bn and US$0.19bn, respectively.
Dedicated EM equity funds (GEMs + EM Asia + EMEA and LatAm regional funds), excluding China A-share funds, reported inflows of US$1.04bn for the week ended October 5,2016. This is the 14th straight week of inflows for EM funds ex China funds, with cumulative inflows of US$21.4bn (2.5% of AUM). Such large inflows were last seen in the summer of 2014, with cumulative inflows of US$27.7bn over 14 weeks (2.8% of AUM). EM funds including China A-share funds reported inflows of US$1.0 bn this week.

Within dedicated EM equity funds: Inflows in EM funds were mainly driven by GEMs regional funds, which reported inflows of US$1.21bn. EMEA regional funds also reported inflows of US$0.03bn this week. While, LatAm regional funds and EM Asia ex China A regional funds reported outflows of US$0.15bn and US$0.05bn, respectively in the current week. In terms of equity active versus passive funds (ex China A funds), EM ETFs funds reported inflows of US$0.85bn this week and EM active funds reported inflows of US$0.19bn.

EM equity fund flows by country (aggregate equity flows from all funds, global + EM + country dedicated funds): China, South Africa and Korea reported the largest inflows relative to AUM this week, while Taiwan, Thailand and Poland reported the largest outflows relative to AUM in the current week. DM equity fund flows by country (aggregate equity flows from all funds, global + EM + country dedicated funds): Australia, Japan and Hong Kong reported the largest inflows relative to AUM this week, while France, the USA and UK reported the largest outflows relative to AUM. Japan reported inflows in the current week. Same as last week, current week’s inflows in Japan were driven by inflows in domestic funds; while foreign funds reported outflows in this week.
EM bond funds reported inflows of US$1.50bn this week (previous week’s inflows were US$1.80bn). YTD, bond funds have reported inflows of US$31.4bn (10.0% of AUM).

 

em-bonds