Japanese equities return to favour
Net inflows into Japanese equity funds have reached their highest level in 20 months, according to Morningstar fund flows data. Multi-asset and absolute return funds are also seeing an increase in interest.
Net inflows into Japanese equity funds have reached their highest level in 20 months, according to Morningstar fund flows data. Multi-asset and absolute return funds are also seeing an increase in interest.
Emerging markets are back. EM equities and debt were among the most popular asset classes with European investors in February, according to fresh Morningstar data. Developed market equity flows, however, took a surprising turn.
Equity funds suffered their first annual weekly outflows from US investors since the election of Donald Trump, according to Lipper fund flows data.
US inflation-linked bond ETFs saw record inflows in February, according to Lipper data. European investors are taking advantage of break-even inflation rates that are lower than they probably should be.
Net inflows into European equities were higher than those into US equities in January for the first time in a year, according to Morningstar fund flows data.
Demand for hedge funds is said to be in decline with investors because of their high fees, opaque nature and poor recent performance. But figures released by the European Fund & Asset Management Association (Efama) suggest that’s not the case in Europe.
European small and midcap ETFs saw higher net inflows in February than their large cap equivalents, according to Blackrock data. Investors’ love for small caps coincides with an increasing appetite for cyclical assets.
Three Franklin Templeton bond funds suffered more than €800m of outflows in January, according to Morningstar data.
Investors are stepping up their allocation to high-yield bonds and emerging market debt. The pair were the two best-selling asset classes in January, according to Morningstar fund flows data.
Standard Life Investments (SLI) reported strong outflows from its GARS fund, the largest actively managed fund Ucits fund, on Friday. While the fund has failed to generate returns in recent years, some funds that have done even worse continue to generate big inflows, however.
Investors kept faith in US equities in January, despite the Trump rally losing steam, according to Morningstar ETF flows data.
Henderson Group has posted negative retail flows for 2016 as Brexit-related volatility continued to impact performance.