Lipper-FMI fund flow data - Week ended May 22
Risky asset classes actually benefited from a partial recovery in terms of net inflows in the latest week, with $2.7bn net inflows in US-based stock funds and a particularly strong appetite for US HY funds ($3.9bn weekly inflows, 4 th biggest weekly inflow since 2011!). On the other hand, US IG funds posted net cash outflows of $756mn, ending their weekly inflows streak since January (see table below). Finally, l everaged loan fund withdrawals continue for the 2 6 th consecutive week , leading to YtD net outflows of almost $1 4 bn .