Mon, Apr 27, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Redemptions from US equity funds hit highest level in 49 weeks - EPFR

Monday, October 29, 2012

Bailey McCann, Opalesque New York: Fund flow data from late October suggests that the US Federal Reserve’s efforts to chase investors out of safe asset classes into riskier ones are producing decidedly mixed results, says EPFR in their latest report. EPFR Global-tracked Bond Funds collectively posted their biggest inflow on record during the week ending Oct. 24 while redemptions from US Equity Funds hit their highest level in 49 weeks. Efforts by the European Central Bank to stem the flight from Eurozone assets appear to be having more success: flows into Europe Bond Funds set a weekly record and Europe Equity Funds absorbed over $1bn.

Investors have been moving back into fixed income in the US for awhile now as lackluster corporate earnings are pushing investors away. Emerging markets are also benefiting from this shift according to data tracked in the report. Emerging market funds have seen seven solid weeks of inflows with China and Japan funds seeing the lion's share. Investors also seem to be taking renewed interest in Latin America on the hope of better Chinese exports, commitments to Peru Equity Funds jumped to a 72 week high and Brazil Equity Funds absorbed over $400m.

As the effects of QE3 on the US market begin to fade, few sector focused funds have much in the way of positive activity. Energy, Technology, Healthcare/Biotechnology and Consumer Goods Sector Funds all surrendered over $200m......................

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. U.S. does not want hedge funds to invest in offshore re-insurers for tax purposes[more]

    Komfie Manalo, Opalesque Asia: The U.S. Treasury Department on Thursday introduced a new rule aimed at limiting hedge funds’ ability to reduce their tax bills by investing in insurance companies in offshore tax havens. As a general rule, the U.S. tax laws does not allow hedge funds to use off

  2. Ruling: Hedge funds suing Argentina can have access to bond offering details[more]

    Komfie Manalo, Opalesque Asia: U.S. District Judge Thomas Griesa in Manhattan ruled yesterday that hedge funds are entitled to details of a recent bond offering by Buenos Aires, reports

  3. Hedge funds looking to continue their rally in Q2[more]

    Komfie Manalo, Opalesque Asia: Hedge funds finished the first quarter on a strong note and are looking to continue the rally in the second quarter, said Lyxor Asset Management in its Weekly Brief. The Lyxor Hedge Fund Index is up 0.4% over the week

  4. Hedge funds down -0.17% in March (+1.23%YTD)[more]

    Bailey McCann, Opalesque New York: The hedge fund industry produced an aggregate return of –0.17% in March to end Q1 2015 up 1.23%, compared to the S&P 500 which increased 0.96%, according to the latest data from eVestment. Hedge fund performance returns were mixed in March amid increased equity

  5. Fund managers express concern of overvaluation in both equity and bond markets[more]

    Komfie Manalo, Opalesque Asia: According to the BofA Merrill Lynch Fund Manager Survey, investors see growing overvaluations in both

 

banner