Sun, Sep 24, 2017
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. iCapital Network enters deal to acquire innovative U.S. private equity access fund platform from Deutsche Bank[more]

    Komfie Manalo, Opalesque Asia: Financial technology platform iCapital Network has entered into a definitive purchase agreement to acquire the US Private Equi

  2. Asia - Hedge funds used to love shorting China. Now, not so much, Fledgling China FoFs require careful use: NCSSF, Amac, Japanese banks turn to PE, hedge funds for returns[more]

    Hedge funds used to love shorting China. Now, not so much From Bloomberg.com: A sharp devaluation. A credit crisis. And an economic hard landing. That's what some of the biggest names in the hedge fund industry were predicting for China after the nation's stocks and currency tumbled in 2

  3. Launches - Orchard launches new credit platform, ETN based on hedge fund to launch on the LSE[more]

    Orchard launches new credit platform Orchard Platform has rolled out Deals as a part of its new platform launch. With the addition of Deals to their suite of technology solutions for loan originators and institutional investors, Orchard Platform takes the next step in their evolution. De

  4. Neuberger Berman closes $1.1bn Credit Opportunities Fund[more]

    Neuberger Berman, a private, independent, employee-owned investment manager, announced that NB Private Equity Credit Opportunities Fund LP closed on $1.1 billion of limited partner commitments. The Fund seeks to invest in the secured and unsecured debt of private equity-backed companies, primarily i

  5. Capital Dynamics launches mid-market private credit business[more]

    Capital Dynamics, a global private asset manager, has launched a dedicated Private Credit Asset Management business. Experienced industry executives Jens Ernberg and Thomas Hall have joined Capital Dynamics to co-lead the company's new private credit initiative. They are based in Capital Dynamics' N