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Fund Flow Insights_ Small recovery in EM fund flow
Flywheel飞未·2024-12-10 02:48

Summary of Fund Flow Insights - December 6, 2024 Industry Overview - The report focuses on fund flows in the equity and bond markets, particularly highlighting trends in Developed Markets (DM) and Emerging Markets (EM) as of December 4, 2024 Key Points Fund Flows - Equity Funds: Inflows of US8.2billion∗∗intoequityfundswererecorded,withbondfundsseeinginflowsof∗∗US8.2 billion** into equity funds were recorded, with bond funds seeing inflows of **US4.9 billion during the week ending December 4, 2024 [2][3] - ETFs: Strong inflows into US and Global ETFs at US13.3billion∗∗and∗∗US13.3 billion** and **US4.8 billion respectively, while non-ETFs experienced seasonally weak flows [2] - Emerging Markets (EM): Notably, there was a US0.6billion∗∗inflowintoEMfunds,markingthefirstnetinflowin8weeks[3]−∗∗GeographicBreakdown∗∗:−TaiwanandKoreaETFssawinflowsof∗∗US0.6 billion** inflow into EM funds, marking the first net inflow in 8 weeks [3] - **Geographic Breakdown**: - Taiwan and Korea ETFs saw inflows of **US0.6 billion and US0.5billion∗∗respectively,whileGEMETFshadinflowsof∗∗US0.5 billion** respectively, while GEM ETFs had inflows of **US0.3 billion [3] - China funds continued to experience net redemptions of US0.2billion∗∗[3]RegionalInsights−∗∗India∗∗:ForeignInstitutionalInvestor(FII)flowshavebeenvolatile,withalmostnetzeroflowduringtheweek[3]−∗∗Taiwan∗∗:Experiencedaforeigninflowof∗∗US0.2 billion** [3] Regional Insights - **India**: Foreign Institutional Investor (FII) flows have been volatile, with almost net zero flow during the week [3] - **Taiwan**: Experienced a foreign inflow of **US1.0 billion [3] - Korea: Continued to see a net outflow of US0.8billion∗∗[3]−∗∗Japan∗∗:Recordedasecondconsecutiveweekofforeignoutflowtotaling∗∗US0.8 billion** [3] - **Japan**: Recorded a second consecutive week of foreign outflow totaling **US1.2 billion [3] Performance Metrics - European Funds: Experienced significant outflows of US$5.1 billion [2] - Cumulative Flows: The report includes figures showing cumulative equity fund flows and performance metrics across various regions, indicating a mixed performance across DM and EM markets [4][10] Additional Insights - The report emphasizes the importance of considering potential conflicts of interest due to Citigroup's business relationships with covered companies [6] - The data presented includes various figures and charts illustrating fund flows by geographic focus, performance comparisons, and cumulative flows over the past 52 weeks [4][10][20] Conclusion - The fund flow insights indicate a recovery in EM fund flows, particularly in Taiwan and Korea, while European funds face significant outflows. The overall market sentiment appears cautious, with varying performance across different regions and fund types [2][3][4]