All articles tagged with #equity funds
Global ex-U.S. equity funds experienced their largest inflows in over four years in July, driven by concerns over the U.S. economy, high stock valuations, and a weakening dollar, leading investors to diversify into Europe and emerging markets with better growth prospects and easier monetary conditions.
US money market funds received a net $39.9 billion of inflows in the week to May 24 as investors favored safer bets ahead of a deadline for politicians to agree an increase in the country's debt ceiling. Meanwhile, riskier equity funds saw outflows for a ninth straight week, worth $1.79 billion. U.S. bond funds attracted a fourth week of inflows, worth about $4.22 billion, with government bond funds receiving $2.43 billion in a fifth straight week of net buying.
Investors poured $112.7 billion into cash funds in the week to March 15, the highest weekly rate since April 2020, according to BofA Global Research. Meanwhile, equity funds saw a "tiny" weekly outflow of $26 million, and investors pulled $2.3 billion from bonds and put $600 million into gold. Despite the recent market turmoil, BofA said there was "no equity capitulation". However, emergency borrowing by banks could lead to tighter lending standards, a small business credit crunch, and higher unemployment.