Sun, Apr 30, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Government bond and emerging market equity funds lose appeal ahead of ECB meeting

Thursday, September 13, 2012

amb
Mario Draghi
From Komfie Manalo, Opalesque Asia:

Investors redeemed an estimated $1bn from government bond funds across all durations as the EPFR Global-tracked Asia ex-Japan Equity Funds posted their biggest weekly outflows since late 4Q11, it was reported.

Data provider EPFR Global said that Taiwan and India equity funds recorded the highest level of redemption requests in over a year while Japan Equity funds posted outflows for the third straight week.

The redemption requests came ahead of the meetings of the European Central Bank and the U.S. Federal Reserve as investors anticipate a new round of quantitative easing in the US and responded to the latest export numbers from Asia. These showed exports to the European Union down some 15% year-on-year in July and, within the region, shipments to China off as much as 12% in the case of Japan.

"Overall, all EPFR Global-tracked Equity Funds surrendered a net $9.9bn during the week ending Sept. 5, with emerging markets equity funds accounting for $1.8bn of that total, while bond funds absorbed $3.19bn and money market funds $4.6bn," the EPFR report said and added, "Expectations that the ECB and the Federal Reserve will deliver further quantitative easing in the coming weeks helped Europe bond funds post their biggest inflow in 13 weeks, accelerated the recent outflows from U.S. Government bond funds and sustained investor appetite for riskier, more rew......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Ex-Man manager combines sustainable investing with AI/ML[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Dr. Richard Bateson, quant fund manager and physicist, has recently

  2. Gondor Capital sees challenges ahead for financial markets as two hedge funds post strong gains in Q1[more]

    Komfie Manalo, Opalesque Asia: Vincent Au, portfolio manager of New York-based hedge fund firm Gondor Capital Management believes that the remaining of the year would be challenging for the financial markets even as his two hedge funds maintain

  3. Service Providers - Colemore launches fee tracking service for limited partners[more]

    Following Colmore's successful launch in January 2017, the firm has announced the launch of FAIR.. FAIR is designed to help private equity investors independently validate fees and incentives charged by underlying managers, saving time and providing an extra level of comfort. There is a glob

  4. Regulatory - 'Fist bumps' at hedge funds over Trump's tax plan[more]

    From Reuters.com: U.S. hedge fund managers began warming to President Donald Trump soon after his surprise election ignited a powerful stock market rally. Now, his dramatic tax cut plans give them even more reasons to cheer. Trump, looking to make good on pledges for sweeping tax reform, on Wednesda

  5. Investing - Some of the world's biggest hedge funds think private equity stocks are cheap, International stock funds attract $1.8 billion post-French election, ValueAct unveils interest in KKR as firm shows earnings beat[more]

    Some of the world's biggest hedge funds think private equity stocks are cheap From Forbes.com: As institutional investors pile into new mega-sized private equity funds, allowing firms like Apollo, Blackstone, Carlyle and KKR to raise record amounts of cash, much of this gush of money has