31.   That follows a week of net outflows amid concern about turmoil in the Southeast Asian markets.

32.   The growing trade surplus offset a net outflow of funds as Japanese investors sought higher yields overseas.

33.   The ICI estimated municipal bond funds had modest inflows last month, reversing a net outflow in February.

34.   Trim Tabs declined to disclose which fund companies are reporting net outflows, and the report conflicted with comments from Vanguard, Schwab and Scudder Kemper Investments Inc.

35.   Yet the net outflow of funds, combined with the services deficit, will not be enough to offset the huge trade surplus, economists said.

36.   A balance-of-payments deficit implies that there is a net outflow of capital from the economy.

37.   In the first quarter of this year it was still a net outflow.

38.   It is also the fourth consecutive month the industry registered a net outflow.

39.   Only quality assets can be acquired and there could be no net outflow of funds from Malaysia for three years after the deal.