The Fund Flows Dashboard

Which credit funds are attracting subscriptions, and which are seeing redemptions.

The Fund Flows Dashboard measures daily subscriptions and redemptions across EUR, USD and GBP credit funds, fund by fund, from published AUM and NAV. It separates real money movements from price effects, ranks the funds behind each move, and charts the result against cash spreads. It runs natively in Bloomberg BQuant: one screen, one press of Get Data, and the full picture loads.

HOW A RUN WORKS
UNIVERSE
Bloomberg fund universes filtered by currency, rating, style & duration
AUM & NAV
Daily published assets and net asset values, per fund
FLOW CALC
Performance stripped out: only true subscriptions & redemptions remain
QUALITY CONTROL
Data errors detected and neutralised, every observation stamped
AGGREGATE & RANK
Daily to yearly aggregates, top movers, spread overlay
3 currencies
EUR, USD and GBP fund universes
IG & HY
Active funds and ETFs, tracked separately
360+ funds
Eligible in EUR IG alone, refreshed on every run
4 horizons
Daily, weekly, monthly and yearly aggregation
01 · UNIVERSE

Every cut of the market, one switch away

Currency, rating, style, duration and ESG, combined freely.

The dashboard builds its fund universes directly from Bloomberg, filtered down to genuinely comparable populations: EUR, USD or GBP share classes, fixed-income focus, with active funds and ETFs tracked as separate populations throughout.

Investment grade and high yield are screened independently, and IG can be split by duration: a credit bucket and a short-duration bucket, so money-market-adjacent flows never contaminate the credit read.

A dedicated ESG lens restricts the universe to SFDR Article 8 or Article 9 funds, or to green bond funds specifically, letting you track sustainable credit demand as its own flow series.

FUND FLOWS - RUN SETUP
EUR | IG CREDIT DURATION | SFDR ALL | 366 ELIGIBLE FUNDS
Currency
EUR
Start date
01 / 01 / 2024
SFDR classification
All
Rating
IGHY
Duration
> 2.95Y
Green universe
Green funds
⟳ GET DATA ● DATA LOADED AND RENDERED
ILLUSTRATIVE INTERFACE - SAMPLE SESSION● READY
02 · MEASUREMENT

Flows measured, not guessed

Performance stripped out, data errors neutralised, every observation stamped.

For each fund, the daily flow is computed from published AUM and NAV so that the price effect is removed: a rally never masquerades as a subscription, and a sell-off never fakes a redemption. What remains is real money entering or leaving the fund.

The calculation is deliberately strict. A flow exists only when AUM and NAV are published on two consecutive business days; missing data stays missing rather than being filled forward or set to zero, so gaps can never fabricate a flow.

On top of that, a quality layer catches the classic data traps: back-to-back prints that cancel each other (a reporting error, not a flow) and implausibly extreme observations are both neutralised, and every single observation carries an auditable status explaining how it was treated.

FUND FLOWS - METHODOLOGY
PER FUND, PER DAY | PRICE EFFECT REMOVED | NO FILL-FORWARD
Flowt = AUMt AUMt−1 × NAVt / NAVt−1
COMPUTED ONLY ON CONSECUTIVE PUBLISHED BUSINESS DAYS
Observation status ledger
Valid flowKEPT · ENTERS AGGREGATES
Missing AUM or NAVEXCLUDED · NEVER ZERO-FILLED
Non-consecutive business dayEXCLUDED · NO INTERPOLATION
Compensating two-day pairNEUTRALISED · DATA ERROR
Extreme printNEUTRALISED · IMPLAUSIBLE SIZE
QUALITY LAYER APPLIED ON EVERY RUN● READY
03 · FLOWS VS SPREADS

Flows in market context

Daily to yearly aggregates, charted against cash spreads.

Valid fund-level flows aggregate into daily, weekly, monthly and yearly series, always split three ways: active funds, ETFs and total. Each chart carries the number of eligible funds behind it, so you always know how broad the sample is.

On every horizon, flows are plotted against the option-adjusted spread of the matching cash bond index for that currency and rating: the demand picture and the price picture, on one chart. Alongside the flow series, the dashboard tracks eligible AUM, its distribution across the fund population, and flows expressed as a percentage of AUM.

Breadth is measured too: for every period the dashboard reports how many funds contributed and what share of them saw net inflows, so a headline number driven by one fund never reads like a market-wide move.

DAILY FLOWS - TOTAL IG
TOTAL 366 ELIGIBLE FUNDS | FLOWS (LHS, EURm) VS OAS CASH BOND IG EUR (RHS, bp)
ILLUSTRATIVE OUTPUT - SAMPLE SESSION● READY
04 · CUMULATIVE & SEASONALITY

This year against the last

Cumulative flows, stacked and compared year over year.

Cumulative views stack active funds and ETFs into a running total, showing at a glance how much money has entered the asset class since your chosen start date, and which vehicle type is carrying it.

A dedicated seasonality view aligns each calendar year on the same day-of-year axis: the current year is drawn live against the full paths of previous years, so you can immediately tell whether this year's demand is running ahead of, or behind, the historical pattern.

Both views inherit the strict methodology upstream: what cumulates is only validated flows, never gap-fills or data errors, so the year-to-date line means exactly what it says.

YEARLY CUMULATIVE - TOTAL IG EUR
CUMULATIVE FLOWS BY DAY OF YEAR | CURRENT YEAR VS PRIOR YEARS
ILLUSTRATIVE OUTPUT - SAMPLE SESSION● READY
05 · WHO MOVED THE MONEY

Names, not just numbers

Daily, weekly and year-to-date fund rankings.

Aggregate flows tell you the direction; the rankings tell you who. For the latest day, the last five business days and year-to-date, the dashboard ranks the top 10 inflows and top 10 outflows, split by investment grade and high yield, active funds and ETFs.

Each ranking shows the fund's ticker, name, current AUM and net flow, heat-mapped by magnitude, with the number of contributing funds and their total displayed above every table. A compact summary crosses the same window by segment and vehicle, so the net picture reads in one glance before you drill into names.

The as-of date is chosen carefully: if Bloomberg already contains a partial current day, the dashboard steps back to the last complete one, so a half-reported session never distorts the daily read.

DAILY - TOP FLOWS IG
ELIGIBLE FLOWS FOR 2026-07-16 | NET FLOWS BY SEGMENT (EURm)
DAILY NET FLOWS
IG
HY
TOTAL
Active + ETF
+111
+16
+128
Active
−36
−6
−42
ETF
+147
+23
+170
TOP INFLOWS · ETF IG · 71 contributing funds · +220.7m
TickerNameAUM (m)Flows (m)
IEAC LNiShares Core EUR Corp Bond13,949+177.9
H41R GRHSBC Global Funds ICAV3,522+22.2
PR1C GRAmundi Core EUR Corporate2,340+9.6
TOP OUTFLOWS · ACTIVE IG · 216 contributing funds · −117.3m
TickerNameAUM (m)Flows (m)
PAESSCC LXBNP Paribas Funds Sustainable1,068−43.3
STPECBA LXabrdn SICAV II Euro Corporate1,959−25.9
MOECBAE LXMorgan Stanley Investment Fund23−12.3
ILLUSTRATIVE OUTPUT - SAMPLE SESSION● READY
Built for the desk

A flow number you can defend.

Most flow figures are only as good as the data hygiene behind them. Here, the hygiene is the product.

No fill-forward, ever

A missing NAV stays missing. Flows exist only between consecutive published observations, so a data gap can never manufacture a subscription or a redemption.

Compensating-error detection

Large back-to-back prints that nearly cancel are a reporting artefact, not a flow. The dashboard detects these pairs within each fund and neutralises both legs.

Every observation stamped

Valid, excluded or neutralised: each fund-day carries a status. Aggregates are fully traceable back to the observations that built them.

Honest denominators

Percentages and AUM references use the funds that actually contributed each day, not a static universe size, so breadth measures stay meaningful.

Native to your Bloomberg terminal

Runs inside Bloomberg BQuant platform. Fund data never leaves the terminal: zero infrastructure, zero vendor data feeds, zero compliance friction.

Nothing runs behind your back

No request fires until you press Get Data. Every parameter of the run is visible on screen, and each stage of the load reports its progress as it completes.

See the flows your market is trading on.

A live walkthrough runs on the currencies and segments your desk follows every day, and covers how the flow series can feed your own market views.

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