Japan and China pulled in a combined $26.7B over the past week alone. That is the single biggest story in ETF fund flows right now — Asian markets are attracting money at a pace that rivals the United States.
The US led all geographies with $24.7B in net inflows over the past week. But the scale of Asian buying stands out. Japan drew $13.8B with a flow imbalance of 82.6 — well into strong buying pressure territory. China added $12.9B. Taiwan pulled in $5.9B, with a flow imbalance of 96.4 — near-universal buying pressure.
Over three months, the picture is consistent. Japan attracted $160.9B and the US $358.6B in the 3m window. China's 3m figure is far smaller at $18.9B, meaning this week's $12.9B spike represents a sharp acceleration. That is a notable trend shift: China was barely registering over 90 days, but has suddenly come alive.
Hong Kong is the clear outlier. It bled $1.76B this week and $9.7B over three months. Flow imbalance sits at just 20.1 for the week — deep selling pressure. Money is moving within Asia, not evenly across it.
India also saw outflows this week at -$434M, with a flow imbalance of just 7.8. Over three months, India barely registered. Both Hong Kong and India are being bypassed as capital rotates toward Japan, Taiwan, and mainland China.
Information Technology absorbed $11B in net inflows this week — dwarfing every other sector. Financials came second at $1.2B. Real Estate collected $617M. Over three months, Tech has accumulated $77.1B. No other sector comes close.
Energy is the clear loser. It shed $464M this week and $5.2B over three months. Flow imbalance for Energy sits at 37.5 this week — strong selling pressure. Communication Services also saw outflows at -$201M this week, consistent with its near-flat 3m reading of -$161M.
Equities captured $76.7B in net inflows this week. Fixed income added $11.9B. Both asset classes show strong buying pressure — imbalance scores of 68.1 and 65.8 respectively. Commodities were modest at +$509M this week but sharply negative over three months at -$30.5B. Currencies bled $243M on the week and $6.1B over 90 days.
On strategy, Vanilla index funds pulled in $55.6B this week. Active strategies added $8.1B. Dividends were notably strong at $4.1B with a flow imbalance of 94.7 — almost entirely inflows. Over three months, Active strategies have gathered $231B, second only to Vanilla at $437B. ESG reversed its slight weekly outflow (-$135M) against a solid 3m net of +$9.1B.
The overall tone is risk-on. Equity flows dominate, tech leads sector rotation, and Asian markets outside Hong Kong are attracting fresh capital at an accelerating pace.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
