November, 26
The Financial Times – Flows jump after mutual fund-to-ETF conversions, BofA study shows
Since 1993, when the first ETF was launched, investors have pulled out a net $5.5tn from US-domiciled active equity mutual funds, according to data from EPFR.
November, 24
The Business Times – History is useless for Wall Street pros betting on stock rally
Investors put US$16.4 billion into US equities in the week until Nov 20 inclusive, marking the seventh consecutive weekly inflow, a Bank of America note citing EPFR data showed.
November, 19
Nikkei JP – The outflow of funds from China’s stock market over the past four weeks has been the largest
EPFR, a fund flow provider that counts the flow of investment trust funds in the world, show that on November 7-13, equity funds of emerging market countries saw outflows of about $7.4 billion.
November, 18
The Financial Times – Pimco is back in beast mode
Pimco accounts for about 42 per cent of the $201bn total net inflows seen by active, non-ETF bond funds globally over that period, according to EPFR data.
Reuters – Morning Bid: EM conditions tighten, outflows heighten
Citing EPFR data, strategists at Barclays note that emerging market funds have now posted outflows five weeks in a row, with bond fund outflows particularly strong.
November, 15
Bloomberg – BofA Strategists Say Buy China, Europe Ahead of Trump’s Inauguration
EPFR flows data cited by Bank of America showed $1.6 billion leaving gold in the past week, the most since July 2022.
November, 8
Bloomberg – US Stocks Draw Biggest Inflow Since June on the Day of Trump Win
$20 billion flowed into US equity funds on Wednesday, that was the biggest daily addition in five months, strategist Michael Hartnett said in a note citing EPFR.
November, 4
Reuters – Morning Bid: Navigating US election, Fed, bond market tumult
After taking in $32.2 billion inflows in September, Asia ex-Japan equity funds recorded “heavy redemptions” in the last three weeks, according to flows tracker EPFR.
