Investment Rating - The report indicates a positive investment sentiment towards US Treasuries, with strong inflows observed in this segment [2][4]. Core Insights - Global fund flows showed a net inflow into equities of $9 billion for the week ending April 23, an increase from $8 billion the previous week, driven by reduced outflows from US equity funds [4]. - In fixed income, net outflows were significantly reduced to $0.8 billion from $21 billion in the prior week, with government bond funds continuing to attract inflows [4]. - Emerging markets saw positive flows into mainland China funds, while Taiwan maintained strong net inflows [4]. - Cross-border FX flows turned positive, indicating an improved risk appetite among investors, favoring currencies such as USD, EUR, GBP, and CNY [4]. Summary by Category Equity Flows - Total equity inflows amounted to $68,079 million over four weeks, with a weekly inflow of $9,164 million [10]. - Developed markets saw inflows of $34,063 million, while emerging markets recorded inflows of $27,140 million, with mainland China leading at $24,686 million [10]. - Sector-wise, technology funds experienced the largest inflows of $14,845 million, while financials and healthcare saw significant outflows [10]. Fixed Income Flows - Total fixed income experienced outflows of $32,369 million, with government bonds attracting inflows of $29,366 million [10]. - High yield bonds faced substantial outflows of $23,488 million, while short-duration bonds saw inflows of $29,804 million [10]. FX Flows - Total FX flows recorded a net outflow of $4,751 million, with G10 currencies showing mixed results [12]. - The USD faced outflows of $3,440 million, while the EUR and GBP saw inflows of $2,880 million and $799 million respectively [12]. Fund Positioning - The report highlights a shift in fund positioning, with an increasing share of equity assets in total assets, indicating a growing preference for equities over fixed income [20][27]. - The share of money market fund assets as a percentage of global mutual fund assets has also seen fluctuations, reflecting changing investor sentiment [20].

April 21, 2025 04:33 PM GMT Cross-Asset Spotlight | Global M Update Signals, Flows & Key Data A weekly summary of key cross-asset monitors, data, moves, and models tracking sentiment, fund flows, and positioning. Key highlights from last week: Exhibit 1: Morgan Stanley forecasts | | As of Apr | Q4 2025 Forecast | Q4 2025 Return Forecast Volatility | | Base Case | | --- | --- | --- | --- | --- | --- | | | 18, 2025 | Base | Base | | Return/Risk | | Equities | | | Total Returns | | | | S&P 500 | 5,283 | 6,500 ...

April 7, 2025 01:57 PM GMT Cross-Asset Spotlight | Global M Update Signals, Flows & Key Data A weekly summary of key cross-asset monitors, data, moves, and models tracking sentiment, fund flows, and positioning. Key highlights from last week: Exhibit 1: Morgan Stanley forecasts | | As of Apr | Q4 2025 Forecast | Q4 2025 Return Forecast Volatility | | Base Case | | --- | --- | --- | --- | --- | --- | | | 04, 2025 | Base | Base | | Return/Risk | | Equities | | | Total Returns | | | | S&P 500 | 5,074 | 6,500 | ...

Summary of Goldman Sachs Weekly Fund Flows (14 March 2025) Industry Overview - **Global Fund Flows**: The report indicates a shift in investor sentiment with net outflows from equities and continued inflows into bonds. Global equity funds experienced a modestly negative flow of **-$3 billion** compared to **+$23 billion** in the previous week [1][2] - **European Equity Funds**: Notably, European equity funds saw net inflows, particularly in the industrial sector, despite overall negative trends in global equity flows [1][2] Key Points Equity Market Trends - **US vs. Europe**: The US equity funds faced net outflows, while Western Europe (excluding the UK) experienced net inflows. This reflects a worsening growth outlook in the US and improving sentiment in Europe [1][2] - **Sector Performance**: Within European equities, the industrial sector funds had the most significant increase in net inflows, indicating a potential area of investment opportunity [1][2] Fixed Income Market Trends - **Global Fixed Income**: Flows into global fixed income funds slowed but remained positive at **+$7 billion**, down from **+$12 billion** the previous week. Government and aggregate-type bond funds saw net inflows, while high yield and investment-grade credit funds turned negative [1][2] - **Inflation-Protected Securities**: These securities continued to attract strong net inflows, suggesting a growing concern over inflation among investors [1][2] Emerging Markets (EM) - **Overall EM Flows**: Flows into emerging markets were broadly negative, with a notable outflow of **-$11.2 billion** from EM equities. Mainland China saw the largest outflow of **-$13.5 billion** [1][2][6] - **Sector-Specific Trends**: Real estate funds within the EM category experienced the largest net outflows, indicating potential risks in this sector [1][2] Currency and FX Flows - **Cross-Border FX Flows**: Overall, cross-border FX flows turned negative, typically indicating worsening risk sentiment. However, the Euro saw strong foreign inflows, reflecting recent growth optimism in the region [1][2][8] - **Specific Currency Trends**: The report highlights that the Euro had inflows of **$2.2 billion**, while the US dollar faced outflows of **-$11.4 billion** [8][9] Money Market Trends - **Money Market Funds**: Assets in money market funds increased by **$2 billion**, indicating a shift towards safer investments amid market volatility [1][2] Additional Insights - **Historical Context**: Despite last week's inflows into European assets, foreign investor positioning in Euro area assets remains close to historical lows, suggesting potential for future growth [1][2] - **Sector-Specific Outflows**: The report notes that real estate and infrastructure sectors saw significant outflows, which may indicate underlying weaknesses in these areas [1][2][6] This summary encapsulates the key trends and insights from the Goldman Sachs Weekly Fund Flows report, highlighting shifts in investor behavior across various markets and sectors.