Flows are rotating into Cross-Sector Integration Focus while Financial Services & Industrials Cohort weakens

🇪🇺 A clear flow reversal is underway, with inflows surpassing outflows and a tilt toward cross-sector themes, signaling a potential shift in market sentiment. Breadth: 6 active flow clusters Flow: Outflows remain elevated at 27, led by a $1.35B exit from Financial Services & Industrials, while inflows total 38, dominated by a $1.10B bid into Cross-Sector Integration Focus. The largest inflow is into $ORNBV-HE, reflecting renewed interest in cross-sector plays, contrasting the significant exit from STAN-L within the same theme. Leaders: ORNBV-HE leads inflows with +$1.10B, while STAN-L tops outflows at −$1.35B, alongside notable exits from IAG-MC and LSEG-L. Verdict: The flow shift toward cross-sector themes and away from traditional financial and industrial names suggests a cautious repositioning, with investors favoring integrated plays over sector-specific bets - watch for continued inflow momentum into ORNBV-HE as a confirmation.