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Emerging Asia sees an increase in equities and bond inflows – ANZ

FXStreet (Barcelona) - The ANZ Team, shares the fund flow data into Emerging Asia for the week ending 25th February, 2015, noting that China was the only country registering an equity outflow, with the cumulative inflows being USD 1.1bn (previous USD 0.5bn).

Key Quotes

“For the week, Emerging Asia registered USD1.1bn of inflows compared to the previous week’s USD0.5bn. The increase in inflows was driven by both an increase in equities inflow (USD0.9bn versus USD0.5bn in the previous week) and a reversal in bond flows (inflows of USD247m versus outflow USD26m)”

“China was the only country to register an outflow in equities though this could be due to the long Lunar New Year break.”

“The biggest increase in equities inflows was registered by India, which saw inflows increase to USD612m from USD349m. India has been receiving inflows for the sixth consecutive week, likely on the back of continued rate cut expectations and optimism over this Saturday’s Union Budget.”

“For the EM region as a whole (including Asia, Latam and EEMEA), bond inflows continued for the fourth week, increasing by USD1141m from USD99m the previous week.”

“Most of the inflows continue to be in hard currency funds and blended funds, an indication that investors prefer less exposure to EM currency risk.”

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