Fund Flows

Fund Flows: Asean witnessed US$1,425m of foreign outflows from the equity markets, the highest weekly outflow since September 2011. Since the beginning of QE taper fears, Indonesia has witnessed foreign outflows of US$1,783m, wiping out YTD inflows (to May 22, 2013) of US $1,761m. Thailand has witnessed net foreign outflows of US$1,646m since QE tapering fears, bringing its YTD foreign outflows to US$1,792m. Philippines witnessed net foreign outflows of US$109m only, while YTD it still has strong inflows of US$1,492m.