Sat, May 30, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Investors pile into equity funds at fastest rate since 2000

Tuesday, October 29, 2013
Opalesque Industry Update - TrimTabs Investment Research reported today that all equity mutual funds and exchange-traded funds have received a net $45.5 billion in October through Friday, October 25. This month’s inflow is the fifth-highest in any month on record.

“As Silicon Valley bestows multi-billion dollar valuations on technology outfits with neither revenue nor profits, investors are piling into equity funds at the fastest rate since the technology stock bubble popped in 2000,” said David Santschi, Chief Executive Officer of TrimTabs. “This year’s inflow of $277 billion into all equity funds is the biggest since the inflow of $324 billion in all of 2000.”

In a research note, TrimTabs explained that three of the ten largest monthly inflows into equity funds have occurred this year. The inflows of $66.3 billion in January and $55.3 billion in July were the biggest monthly inflows on record.

“All but three of the ten largest monthly inflows into equity funds occurred in 2000 or 2013,” said Santschi. “Such strong enthusiasm among fund investors should make contrarians nervous.”

TrimTabs also reported that bond funds have posted redemptions for the fifth consecutive month. Bond mutual funds and exchange-traded funds have redeemed $17.8 billion in October, lifting the total outflow in the past five months to $140.6 billion.

“These outflows mark a huge shift for the fixed-income world,” said Santschi. “Not since late 2003 have bond funds posted five monthly outflows in a row.”

TrimTabs

Press Release

BM

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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: New TMT hedge fund adopts the long-term approach[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Adam Parker founded Center Lake Capital LLC in New York in November 2014. Before that, he was portfolio manager at Point State Capital (the successor fund to Dr

  2. Investing - Hedge funds buy swathes of foreclosed subprimes, force up rents, float rent-bonds, Hedge funds buy Actavis, Valeant. ETFs join the party, The most loved biotechs of big hedge funds, Stocks to buy ... according to hedge funds, Atlantic City bond offering attracts hedge funds as buyers, Okumus Fund Management discloses huge new Ascent Capital Group stake[more]

    Hedge funds buy swathes of foreclosed subprimes, force up rents, float rent-bonds From Boingboing.com: When a giant hedge fund is bidding on all the foreclosed houses in a poor neighborhood, living humans don't stand a chance -- but that's OK, because rapacious investors make great landl

  3. Institutions - Institutional investors turn to real estate, planes, Assets at Boston’s five biggest family nonprofits rise to $3.5bn[more]

    Institutional investors turn to real estate, planes From Joins.com: The National Pension Service and domestic emerging market specialists who did not know where to invest in a low interest rate environment are turning to other investments like the blue-chip real estate market abroad.

  4. Regulatory - Hedge funds face tax as Iceland poised to end capital controls, Comment: Why alternatives need more transparency, not enforcement[more]

    Hedge funds face tax as Iceland poised to end capital controls From Bloomberg.com: Hedge funds and other investors who bought claims against Iceland’s failed banks face a tax that targets the lenders’ estates as the government prepares to unveil its plan for exiting capital controls in t

  5. Investing - Nelson Peltz’s Trian Fund Management reduces position in Legg Mason, Biotech investors up big amid bubble talk, Hedge funds increase exposure in healthcare[more]

    Nelson Peltz’s Trian Fund Management reduces position in Legg Mason From Octafinance.com: Trian Fund Management has filled a SC 13D/A form regarding Legg Mason, Inc. Per Nelson Peltz’s Trian Fund Management’s filing, the filler reported decreased stake in the company by -11.05% to 11,03

 

banner