Investors sell US equities buy Europe
February 2015 was the month of the Great Rotation: it was not the long-awaited shift from bonds to equities though, but rather the move from US equities to European equities.
Fund Flows
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US and global equity top global fund flow ranking
US equity and global equity funds were 2014’s best-sellers globally, according to Morningstar’s Global Flows Report 2014. Total global net inflows into US equity large cap blend funds topped the list.
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Hitting return target sparks fund redemption
Meeting of the achieved target returns rather than poor fund performance is the key reason that a majority of Asian retail investors sell their fund investments, according to new research from Cerulli Associates.
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European fund flows turn positive again
A six-month outflow streak in European equities came to a halt in the first month of the new year, according to Morningstar’s freshest fund flows data.
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And the hit of 2014 is absolute return
Absolute return funds welcomed 43.5bn in net flows in 2014, by far the highest inflows of any asset class. By contrast, high yield bond funds, which were very popular in the previous three years, have fallen out of grace.
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Investors flock to low-risk bonds
Morningstars December fund flows exposed an appetite gap between investment grade bonds and higher yielding, riskier bonds.
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Fund flows figures expose high yield outflows
High yield bonds registered a record 7.3bn in net outflows in December, according to Morningstar’s latest fund flows data. European investors reacted strongly on a momentary market correction that month.
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European investors sell equities prefer bonds
The biggest equity asset classes all witnessed net outflows from European investors in November, while bond funds continue to attract more inflows.
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Five star rated fund attract almost all inflows
Mutual funds with the highest possible rating attract almost all inflows from investors, while lower-rated funds register large net outflows.
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Market upheaval leads investors to US equities
In October, fund selectors hastily reduced their allocations to European and emerging market equities and fled into ‘safe’ US equities.
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European bond investors look for safety
European investors pulled 5.3bn out of high yield funds in September, while they propped up their holdings in investment grade corporate bonds and long/short debt.
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European equity redemptions accelerate further
Net outflows from European equity funds broke a new record in September, according to Morningstar’s latest fund flows.