You might have had a gut feeling that it’s mainly banks and wealth management companies and their clients buying liquid alternatives. The facts show that’s indeed the case, but it hasn’t always been this way.
Investors around the world are increasing their cash holdings as the economic slowdown in China threatens to drag the world economy down. According to data from Lipper published today, investors poured in a net $77.7bn (€70.5bn) into money market funds in July. This is more than half the total amount flowing into cash funds in…
As the eurozone has been flirting with deflation this year, appetite for inflation-linked bonds has been understandably lacklustre. However, as the oil price started a surprise ascent in April, interest in the asset class rose accordingly. With the oil price now below $50 again, investors are once again abandoning the asset class.
Institutional investors based in Europe have withdrawn $6.8bn from offshore hedge funds in the first seven months of the year, according to data compiled by Mandatewire. By contrast, North American investors have continued to pour money into the asset class.
ETFs and ETPs listed in Europe are gathering net new assets 13% faster than in previous years, according to research consultancy ETFGI.
Investors in Germany continue to increase their investments in multi-asset funds. According to the branch organisation for the German fund industry BVI, net inflows into multi-asset funds more than doubled in the first half of this year to a record €23.8bn. Total assets invested in mixed funds have now surpassed those in bond funds for…
Investors have stepped up unwinding their long bond positions in June, according to the latest fund flows data provided by Morningstar. Net outflows from investment-grade bonds doubled from the previous month to €6.3bn. Net outflows of €1.5bn from high yield bond funds, the first net outflows since January, were another sign of the bearish mood…
Assets under management in the global fund market stalled at $36 trillion during the second quarter of the year, according to data company Lipper.
Asset management companies remain remarkably upbeat when it comes to the prospects of Asia ex-Japan equities. In defiance of the rollercoaster performance of recent months and the widespread conviction that Chinese equities are in a bubble which appears in the process of unraveling, they consider the risk of a serious market correction negligible.
The launch of the ECB’s bond-buying programme has led to a convergence in net inflows into investment grade bonds and European equities, an analysis of recent Morningstar fund flows data shows.
European investors have responded to the recent slump in European bond prices by swapping their long-only fund holdings for absolute return funds, Morningstar’s latest fund flows report reveals.
High yield bonds are known for their correlation with equity markets, but it seems the asset class especially has things in common with one specific type of equities.
