Mon, May 25, 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. Comment - Top hedge fund managers talk about how easy their jobs have gotten, BlackRock to Schroders warn of Argentina’s $20bn bond glut, The 35-year “investment supercycle” is drawing to a close, says Bill Gross, Gundlach: When the Fed starts hiking rates, 'GET OUT' of this asset class[more]

    Top hedge fund managers talk about how easy their jobs have gotten From Businessinsider.com.au: Time was, before the financial crisis hit, corporate boards treated multi-billion dollar hedge fund managers like Jehovah’s Witnesses pounding on their doors and flashing bibles. But no more.

  2. T Rowe's challenge to Dell deal may fuel critics of 'appraisal'[more]

    From Reuters.com: An increasingly popular tactic used by hedge funds and others to extract more money from buyouts could soon face a major courtroom test when a big investor in Dell Inc may argue that it should be paid a higher price for the 2013 acquisition of the PC maker. The strategy, known as "

  3. News Briefs - Ergen says LightSquared plan unfairly favors hedge funds, Why hedge fund managers make good advisory clients, I learned a lot about dad-bros after spending 4 days in Vegas with 2,000 hedge funders[more]

    Ergen says LightSquared plan unfairly favors hedge funds LightSquared Inc.’s bankruptcy plan gives hedge funds that invested in the broadband company a leg up while blocking telecommunications firms from competing with it, a fund owned by Dish Network Corp. Chairman Charles Ergen said in

  4. Opalesque Exclusive: SEC approves proposed changes to Form ADV, '40 Act - comment period to follow[more]

    Bailey McCann, Opalesque New York: Hedge funds and providers of liquid alternatives will want to pay close attention to proposed reforms approved by the SEC yesterday. The changes will require more frequent reporting, as well as a closer look into social media, liquid alternative strategies, and

  5. New market regime has created more dispersion between managers[more]

    Komfie Manalo, Opalesque Asia: The month of April has marked the transition toward a new market regime, Philippe Ferreira, Lyxor AM’s head of research, managed account platform, commented in the May 5's Weekly Briefing. "The first quart

 

banner