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Asia Pacific fund flows: EM Asia sees a sharp increase in inflows – ANZ

FXStreet (Barcelona) - HuiYing Chan and Irene Cheung of ANZ Research, offer the weekly summary of Asia Pacific fund flows for the week ending 1 July 2015.

Key Quotes

EM Asia registered a sharp increase in inflows to USD4,715m from USD1,947m. The increase was mainly driven by Chinese equities. For this week, Chinese equity funds registered an inflow of USD4,318m vs USD141m in the previous week.”

“Despite this, it is noteworthy that Chinese equity flows have been very volatile of late. A better way to interpret the data would be to look at the four-week moving aggregate, which showed a net outflow of USD4,734m over the last four weeks. The broad trend is in line with the recent fall in the SHCOMP index.”

“Excluding China, equity markets in Emerging Asia registered a moderation of inflows to USD304m from USD1,754m in the previous week.”

“On the bond front, most Emerging Asian markets (including China) saw modest inflows this week. This is in contrast to other emerging bond markets which continue to see outflows led by local currency bonds.”

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