Flows are rotating into INF.L while AZN.L weakens

🇪🇺 A clear flow reversal is underway with inflows sharply outpacing outflows, signaling a potential shift in investor sentiment. The market saw only one inflow while seven outflows drained $7.97 billion from AZN.L, the largest exit, alongside $7.31 billion from AML.L and $3.38 billion from BT-A.L. Meanwhile, INF.L attracted a solid $3.89 billion bid, confirming a strong bid for the top inflow theme. This pattern indicates a pivot from broad liquidation toward selective buying, with INF.L leading the charge. The next key test is whether INF.L can sustain its bid, which would suggest a more durable rotation rather than a fleeting bounce. Watch whether inflows broaden beyond INF.L or if outflows persist elsewhere.