Flows are rotating into Industrial & Tech Infrastructure while Specialty Chemicals & Healthcare Cohort weakens

🇪🇺 Flow shifted sharply towards industrial and infrastructure stocks, while healthcare and oil majors saw significant outflows on Friday. The top inflow of $5.60 billion into the industrial and tech infrastructure theme, led by $STMPA-PA, underscores renewed appetite for physical and digital backbone assets. Meanwhile, the largest outflow of nearly $4 billion from the specialty chemicals and healthcare cohort, led by LISN-SW, signals a clear retreat from sectors heavily exposed to healthcare and specialty chemicals. This divergence marks a potential rotation into tangible infrastructure plays at the expense of healthcare and oil giants. The next test will be whether this inflow sustains into broader industrial themes or remains concentrated among select leaders. Watch for confirmation if industrial stocks continue to outperform and if the outflows from healthcare and oil sectors slow or reverse.