Global Navigator
Looking back at Global Navigators in Q1
![Image of a chart representing the 'Cumulative flows and performance for Canada and Australia equity funds, from 2020 to date'.](https://epfr.com/wp-content/uploads/2023/04/Thumnail-GNN-300x226.jpg)
Data-driven towards another rate hike?
The second week of April offered investors two data points, the latest US jobs report and the inflation numbers for Match, that they hoped would...
![Image of a chart representing the 'Share by asset class of average taxable US government money market fund portfolio, 2018 to date'.](https://epfr.com/wp-content/uploads/2023/04/Thumbnail-GNN-300x226.jpg)
A liquid start to the second quarter
US Money Market Funds kicked off April by recording their fourth straight inflow in excess of $50 billion as investors sought alternatives to...
![Thumbnail - March’s pain may be April’s gain](https://epfr.com/wp-content/uploads/2023/04/gnn-nb-040423-thumbnail-300x226.jpg)
March’s pain may be April’s gain
Flows to and from EPFR-tracked fund groups during the final week of March continued to paint a picture of risk aversion and fear among investors....
![Chart representing "A weaker signal: Allocations by major equity fund groups to the telecoms sector, 2018-YTD"](https://epfr.com/wp-content/uploads/2023/03/Picture8-300x225.jpg)
Riding the waves in liquidity funds
In the face of this uncertainty, and the unwillingness of major Western central banks to suspend the battle against inflation, investors continued...
![Cumulative flows, in percentage of AUM, to Gold and Silver Funds, from 2019 to date](https://epfr.com/wp-content/uploads/2023/03/New-thumbnail-300x226.jpg)
Banking on the cavalry’s prompt arrival
The second week of March was dominated by the crumbling fortunes of large US regional banks and European major Credit Suisse. Although this...
![Thumbnail - Fed following data, investors running from it](https://epfr.com/wp-content/uploads/2023/03/gnn-nb-031323-thumbnail-300x226.jpg)
Fed following data, investors running from it
The third month of 2023 started with investors pulling another $5 billion out of EPFR-tracked US Equity Funds, extending that group’s longest...
![Thumbnail - Investors respond to red shoots of recovery](https://epfr.com/wp-content/uploads/2023/03/gnn-nb-030323-thumbnail-300x226.jpg)
Investors respond to red shoots of recovery
February was a bumpy month for investors and markets. Interest rates climbed higher in the US, Europe and Australia, the benchmark Dow Jones...
![Thumbnail - Craving certainty, markets get uncertainty](https://epfr.com/wp-content/uploads/2023/02/gnn-nb-022423-thumbnail-300x226.jpg)
Craving certainty, markets get uncertainty
How much longer will the war in Ukraine go on? How much further will central banks go before they deem inflation contained? How much damage will the...
![Thumbnail - Investment compass keeps spinning in mid-February](https://epfr.com/wp-content/uploads/2023/02/gnn-nb-021723-thumbnail-300x236.jpg)
Investment compass keeps spinning in mid-February
With the one-year anniversary of Russia’s attack on Ukraine looming, the latest US inflation data showing headline inflation down and core inflation...
![Thumbnail - Help wanted making sense of US data](https://epfr.com/wp-content/uploads/2023/02/gnn-nb-021023-thumbnail-300x226.jpg)
Help wanted making sense of US data
A stellar employment report, showing that the US added 517,000 jobs in January, threw another wrinkle at investors in early February. Those...
![Thumbnail - Glass remains half full in late January](https://epfr.com/wp-content/uploads/2023/02/gnn-nb-020623-thumbnail-300x226.jpg)
Glass remains half full in late January
Actions spoke louder – to equity investors – than words coming into February, with the fact that the latest interest rate hike by the US Federal...
![Thumbnail - Europe equity funds latest to catch a lift](https://epfr.com/wp-content/uploads/2023/01/gnn-nb-012623-thumbnail-300x226.jpg)
Europe equity funds latest to catch a lift
Flows into EPFR-tracked Emerging Markets Equity Funds during the third week of January climbed to their highest level since mid-1Q21 as investors...
![Cumulative weekly flows to all Emerging Markets Equity and Bond Funds](https://epfr.com/wp-content/uploads/2023/01/gnn-nb-012023-thumbnail-300x226.jpg)
Emerging markets funds catch a wave in mid-January
Flows into EPFR-tracked Emerging Markets Equity Funds during the third week of January climbed to their highest level since mid-1Q21 as investors...
![Thumbnail - Bond Funds buoyed by lower inflation](https://epfr.com/wp-content/uploads/2023/01/gnn-nb-011323-thumbnail-300x226.jpg)
Bond Funds buoyed by lower inflation
Evidence that inflation is falling and global growth is stalling gave EPFR-tracked Bond Funds a shot in the arm during the first full week of...
![Thumbnail - Investors tip-toe into the New Year](https://epfr.com/wp-content/uploads/2023/01/gnn-nb-010623-thumbnail-300x226.jpg)
Investors tip-toe into the New Year
Over $110 billion – a 131-week high – flowed into EPFR-tracked Money Market Funds during the week ending Jan. 4 as investors surveyed an investment...
![Thumbnail - 2022 A tale of active versus passive](https://epfr.com/wp-content/uploads/2023/01/gnn-nb-010323-thumbnail-300x226.jpg)
2022: A tale of active versus passive
The final week of 2022 saw EPFR-tracked Bond Funds post consecutive weekly outflows for the first time since mid-October, capping a year when the...