Thu, Apr 2, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Investors are pulling out of bond funds

Friday, September 06, 2013

amb
Simon Lack
Benedicte Gravrand, Opalesque Geneva:

Investors redeemed more than $17 billion from U.S.-listed ETFs last month, says Index Universe, making it the biggest month of outflows in the 20-year history of the ETF industry. Of the $17 billion, $6.5 billion was pulled out of bond funds, with the iShares 3-7 Year Treasury Bond ETF seeing more than $2 billion in outflows alone.

"Regarding bonds, investors have been trimming duration risk since Ben Bernanke’s suggestion that the Fed might start to "taper" its quantitative easing program sometime this year, and that continued in August as it was in June," says the report.

Lipper was also reporting, a couple of weeks ago, sharp retail outflows from high-yield bond funds for the third time in four weeks.

As for emerging market bond funds, they saw 14 straight weeks of outflows, with investors withdrawing $4.56 billion in August alone, according to EPFR Global. Returns from such funds are down 3.56% for the month and down 10% YTD, reports WSJ.com.

So why are investors fleei......................

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. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Opalesque Roundtable: Emerging managers should avoid chasing 'institutional unicorns'[more]

    Bailey McCann, Opalesque New York: For managers looking to raise a new fund after the crisis, marketing efforts will need to be significantly different, according to delegates at the recent Opalesque Texas Roundtable. "Most of the smaller managers come to the whole fund-raising and marketing

  3. Cohen's private investments deliver strong 7.5% gain in Q1[more]

    From Reuters.com: Billionaire Steven A. Cohen's investments gained 7.5 percent in the first three months of 2015, according to a person familiar with the numbers, helping the former hedge fund manager extend his string of market-beating returns. Cohen's Point72 Asset Management, which invests

  4. Hedge fund launches fall again, $1bn funds found to outperform even smaller hedge funds[more]

    Komfie Manalo, Opalesque Asia: The number of new hedge fund launches fell again in 2014, the third consecutive year of decline, while fund liquidations saw their first drop since 2010, according to the latest HFR Market Microstructure Industry Report released by industry data provider HFR. Acc

  5. Opalesque Exclusive: Cyber security and hedge funds: increased awareness, Part One[more]

    Benedicte Gravrand, Opalesque Geneva: If you look at the recent cybersecurity news from Bloomberg, hackers are frightening the people: they steal photos and threaten to expose them, they can break into ATMs, they ha

 

banner