Developed markets receiving bulk of fund inflows last week: Citi

SINGAPORE (Nov 21): In the week before, US$18.1 billion ($25.8 billion) in capital flowed out from bonds. At the same time equity funds recorded an inflow of US$27.5 billion, according to estimates by Citi Research.

Citi’s analysts Markus Rosgen, Pong Yue Hin and Mandy Ym Chan noted that US equity ETFs recorded US$34 billion of inflows, while European funds recorded US$770 million in inflows, the second occurrence of inflows in 41 weeks.

The biggest outflows were from emerging market funds at US$5.4 billion. GEM funds had US$4.6 billion of outflows, and Asia funds had US$1.2 billion of outflows.

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