Fund flow analysis: Global ETFs

Fund flow statistics are extremely helpful in understanding investor sentiment towards different sections of financial markets. Latest fund flow statistics available, for the week ending 27th April, from ETF.com, point to further improvement in risk appetite, but it is not once again broad based.

Inflows:

• This week’s fund inflow data shows further improvement in risk appetite. Much more broad based than previous week, however some selective discretion could also be seen. Emerging market ETFs failed to make top list, suggesting, investors may be preferring to wait out before further investment there.
• SPDR S&P 500 saw biggest inflows in tune of $3.23 billion. iShares Russell 2000 made it to the top list with inflows of $492.4 million.
• Energy Select SPDR received $414.1 million inflows, as oil price improved further, boosting sentiment.
• Vanguard Total bond market received inflows in tune of               $602.5 million.

Outflows:

• Sectorial outflows and bond market outflows dominate.             
• Consumer Staples select SPDR saw outflows in tune of $670.25 million. iShares US Real Esate saw outflows in tune of $359.4 million.
• iShares MSCI Japan, again saw outflow of $211.6 million.
• iSahres 20+ year bond and iShares 1-3 year bond suffered $437.3 million and $237.7 million outflows respectively.