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

15183

Institutional support boosts Asia funds in late June as foreigners pull back from Europe

RELATED TOPICS​

Heading into the final days of the second quarter domestic institutional investors underpinned the biggest weekly inflow recorded by Asia ex-Japan equity funds since late 2Q11 as China’s manufacturing sector continued to regain momentum.

Data from the Eurozone was, however, less supportive and foreign currency denominated redemptions from Europe equity funds jumped to their highest level in over six years.
 
Overall, the week ending June 25 saw EPFR Global-tracked equity funds collectively post a net outflow of USD580 million, with dividend equity funds experiencing redemptions for the first time since late March, while bond funds took in USD4.74 billion and money market funds USD2 billion.
 
At the asset class level investors continue to gravitate towards fund groups offering multi-asset exposure. Flows into total return bond funds hit a 60 week high and balanced funds took in over USD1 billion for the 12th time in the 25 weeks year-to-date.
 
Elsewhere, demand for US inflation protected bond funds is on the rise: they took in fresh money for the fifth straight week, extending their longest inflow streak since 3Q12.

Latest News

MSCI has launched MSCI AI Portfolio Insights, writing that it combines generative artificial intelligence “GenAI”..
The Capgemini Research Institute’s World Wealth Report 2024, published today, reveals the number of high-net-worth..
New research from cloud security firm Zscaler reports a disconnect between European company confidence in..

Related Articles

graph
The exodus from hedge funds continues with investors questioning unswayed by relatively strong performance from the alternative asset class...
The exodus from hedge funds continues with investors questioning unswayed by relatively strong performance from the alternative asset class...
Waves
A joint statement from BNP Paribas Asset Management, Federated Hermes Limited, Mirova, Robeco and Storebrand Asset Management has been published, entitled The urgent need for better ocean-related data to make informed investment decisions...
A joint statement from BNP Paribas Asset Management, Federated Hermes Limited, Mirova, Robeco and Storebrand Asset Management has been published,..
Frozen soap bubble
From the end of this month, the UK’s Sustainability Disclosure Requirements (SDR) regime comes into force which the Financial Conduct Authority says has a simple aim: “Financial products that are marketed as sustainable should do as they claim and have the evidence to back it up.”..
From the end of this month, the UK’s Sustainability Disclosure Requirements (SDR) regime comes into force which the Financial Conduct..
Global ESG Investing
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of climate change and ESG factors in state policymaking...
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of..
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