Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

6193

Fund flows reflect faith in emerging markets

RELATED TOPICS​

With the US Federal Reserve signaling further efforts to bolster the US economy and public finances in Europe again under the microscope, investors piled into emerging markets assets and precious metals during the third week of September.

Asia’s combination of strong regional growth and the generally good fiscal profiles of key markets saw funds investing in that region fare particularly well, the report by EPFR Global shows.

During the week ending 22 September EPFR Global-tracked Asia ex-Japan equity funds had their best week in over 15 months, Japan equity funds snapped a 12-week outflow streak and Pacific equity funds extended their best run since early 2Q10 while commodity sector funds enjoyed their largest weekly inflow since early June.

Overall flows into all emerging markets equity funds hit a seven week high of USD3.38bn while flows into developed market equity funds were essentially neutral as US and Japan equity fund inflows were offset by redemptions from Europe and global equity funds.

All bond funds tracked by EPFR Global absorbed a net USD4.8bn during the week, their best showing in a month. This brings their YTD inflows to USD306bn.

All equity funds took in USD3.3bn for the week. YTD these funds have still suffered outflows of USD37bn.

Meanwhile, emerging markets, global and US bond funds all took in over USD1bn and high yield bond funds absorbed another USD786m.

Money market funds, which posted net monthly inflows for only the second time in 19 months during August, took in a net USD45m.

Latest News

New research from Carne Group reveals fund managers expect alternative asset classes to see the..
Brown Brothers Harriman & Co has expanded its relationship with AllianceBernstein (AB), by adding to..
The trading and investment platform eToro has extended its proxy voting feature to all stocks..

Related Articles

The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a possible buyout of EY’s Italian consulting branch...
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a..
Pension funds
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next decade, industry research reveals...
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next..
Tim Crawmer, Payden & Rygel
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also, given that equities had a strong year last year, big funds have taken some chips off the table in equities and put them into fixed income...
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also,..
Lady justice
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI) strategies received glowing commendations from the Bank of England in its March report...
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI)..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by