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Japanese equity funds register another week of net buying – Nomura
FXStreet (Barcelona) - Mark Diver, Research Analyst at Nomura, summarizes the weekly fund flow data into Japanese equity funds, noting that the net-buying continued for the ninth consecutive week.
Key Quotes
“Japanese equity funds enjoyed the ninth consecutive week of net buying as investors committed a further USD 1.4bn to the region. Cumulative net inflows year to date now stand at USD 14.4bn, equal to cumulative inflows over the whole of 2014 and about one-third of the cumulative total USD 43bn in 2013.”
“In spite of the strong inflows this year, our systematic equity sentiment indicator remains very subdued, it popped above zero this week to +0.05 standard deviations, but remains neutral.”
