Lipper-FMI fund flow data - Week ended August 15

N et inflow s again in US-based Corp. Investment Grade fund , adding to a streak of weekly inflows since 14 March : however, the last weekly inflows have reduced by half compared to the previous week at $1.45bn. The YtD inflows for Corp. IG funds also show a sign i fic ant decline compared to 2017 (-29%) ; US HY funds delivered the third straight week of inflows. Nevertheless, on a 12-week basis, HY funds have actually posted net outflows, while the YtD figure still compares poorly with 2017; Limited weekly inflows also reported in leverage d loan funds ($23mn) , with a Ytd net inflows of $11bn, 34% below 2017tD ; Surprisingly, despite the current turmoil in Turkey and some knock-on effects to emerging markets, US based Emerging market equity funds bring in $223mn for the past week , which constitutes the 4 th straight week of inflows. On the other hand , EM debt funds post $56mn in withdrawals (3 rd straight week of outflows).