ANZ write "portfolio flows into Asia...........>

ASIA: ANZ write "portfolio flows into Asia ex-China turned positive at the start

of the year. However, most of the buying was concentrated in equities. India was

the only exception, recording equity outflows in the month. The US Federal

Reserve's dovish tilt failed to spur flows into the debt market. Instead, most

markets experienced outflows, with only Indonesia and the Philippines seeing

inflows. Debt inflows to China were marginal, but this is coming off a very

strong inflow the previous month. US-China trade talks and concerns over growth

presage some volatility in portfolio flows into the region over the coming

months. But so far in February, the inflows appear to be continuing."