Flows are rotating into DLN.L while SCT.L weakens

🇪🇺 Equities are seeing a clear flow reversal as $SCT-L exits with a hefty $13.74 billion, signaling potential weakening in that theme. Meanwhile, DLN-L has attracted a massive $36.93 billion in inflows, dominating the flow snapshot and overshadowing the outflows elsewhere. This shift indicates a growing bias toward the DLN-L theme, likely reflecting investor confidence or repositioning into that leader. The divergence is stark: the largest outflow is concentrated in SCT while DLN dominates the inflow tally, confirming a move away from SCT-oriented trades. Next, watch whether DLN-L sustains its inflow momentum - if inflows hold or accelerate, it could further cement the leadership shift and suggest broadening trader interest beyond the previous theme.