March, 26
CNBC-TV18 – End of negative rates regime in Japan may be disruptive for global fund flows, says EPFR
Cameron Brandt, Director of Research at EPFR, believes that the end of negative interest rates regime by the Bank of Japan has the potential to be disruptive for fund flows across the world.
March, 24
The Wall Street Journal – Why ESG Investing Might Never Recover
Investors have pulled $2.2 billion from funds dedicated to decarbonization since the start of the year, according to EPFR, and the outflows are getting larger every week.
March, 22
Bloomberg – BofA Says US Stocks Suffer Big Outflows in Runup to Fed Meeting
US equity funds suffered redemptions of about $22 billion in the week through Wednesday — the biggest since December 2022, according to a note from Bank of America, citing EPFR data.
Bloomberg – Key Levels: The Bloomberg Open, Americas Edition
The rally’s come as US equity funds saw their biggest redemptions since 2022 in the run-up to the Fed meeting Wednesday, according to Bank of America, citing EPFR data.
The Financial Times – Investors pour money into US corporate bond funds at record rate
Inflows into corporate bond funds have reached $22.8bn so far in 2024, according to fund tracker EPFR, the first positive start to a year since 2019, when $22.4bn had flowed in by this point.
March, 21
Bloomberg – S&P 500 Hits a Wall at End of Best Week in 2024: Markets Wrap
US equity funds suffered redemptions of about $22 billion in the week through Wednesday — the biggest since December 2022, according to a note from Bank of America, citing EPFR data.
March, 16
Bloomberg – Five Things You Need to Know to Start Your Day: Europe
More than $4 billion has left UK-dedicated equity funds in 2024, with outflows seen every single week, according to EPFR data collected by the team at Goldman Sachs.
The Financial Times – Bond vigilantes snooze as Treasury market shrugs off vast US borrowing
March, 15
Bloomberg – BofA Says Record Rush to US Stocks Ignores Stagflation Risk
US equity funds got $56 billion in the week through March 13, strategist Michael Hartnett wrote in a note, citing EPFR. Technology stocks had the largest inflow among sectors, at $6.8 billion, rebounding from a record outflow.
The Financial Times – US equity funds draw record inflow as investors bet on soft landing
US equity funds drew $56bn of funds in the week to March 13 — more than the previous peak of $53bn set in March 2021, Barclays said on Friday, citing data from EPFR .
Bloomberg – Stocks Fall as ‘Triple Witching’ Spurs Volume Jump: Markets Wrap
US equity funds got $56 billion in the week through March 13, strategist Michael Hartnett wrote in a note, citing EPFR .
The Financial Times – News updates from March 15: US home fees set to fall; Foxconn boosts outlook on AI hopes
Flows into US equity funds were the highest on record in the week to Wednesday, led by big moves into technology stocks, according to Barclays and Bank of America, citing EPFR data.
March, 13
CNBC-TV18 – Overall Tone Is Cautious On Equity Markets From A Flows Perspective: EPFR Global | CNBC TV18
The narrative around India remains positive despite slight correction in Indian market, says Cameron Brandt of EPFR . He tells Prashant Nair, Sonia Shenoy and Nigel D’Souza that overall tone is cautious in equity markets from a flows perspective.
March, 12
Business Insider – Chinese stocks are back in a bull market as investors buy into the nation’s economic rebuild
Chinese equity funds brought in over $3.5 billion in the first week of March, EPFR data shows.
March, 11
Barron’s – Look to Europe’s Super 7, Citi Says. The Magnificent 7 Stocks May Be Falling Out of Favor
It also helps that active US investors haven’t materially lifted their share of holdings in the Super 7 names since mid 2023, implying room for additional buying, Citi said, citing data from EPFR.
Nasdaq – 2 Options for Core Exposure as Investors Scramble to Bonds
$113 billion flowed into bonds globally this year through February 28, roughly half the $234 billion that flowed into money-market accounts, but well above the $84 billion that went into equities,” as per data from Bank of America and EPFR.
March, 8
Reuters – Tech stocks see biggest weekly outflow on record, Bank of America says
Investors dumped technology stocks at the fastest rate on record and continued to pour money into investment grade bonds and cash equivalents in the week to Wednesday, Bank of America said on Friday, citing data from EPFR.
Bloomberg – BofA Says Tech Stocks Post Largest Weekly Outflows on Record
Global stock funds had inflows of $6.9 billion in the week through March 6, while $17.3 billion was added to bond funds.
Bloomberg – Five Things You Need to Know to Start Your Day: Europe
Not that Americans or global investors are piling into Europe. The evidence suggests otherwise: the region’s equity funds have suffered outflows for nine consecutive weeks, losing just over $8.6 billion in the year through February 28, according to EPFR data.
Nikkei – The Real Image of Foreign Investors Moving Japan Stocks
Looking at funds for which data can be obtained, the holding amount of Japanese stocks such as global stock funds is approximately four times that of funds specializing in Japanese stocks, according to EPFR data.
MarketWatch– Investors have sold a record amount of tech stocks, says Bank of America
Equities overall saw the seventh-straight week of inflows for a total of $91 billion — representing the strongest such trend in two years, said a team led by Michael Hartnett, citing data from fund-flow-data provider EPFR.
March, 7
The Economic Times – Market retreating from three to two rate cut expectation this year: Cameron Brandt
Cameron Brandt, EPFR: The issue for India, certainly from a fund perspective, has been that the global emerging markets funds, the big diversified funds, even as they have raised their average allocation to India to a new record high, have not been attracting much money, if at all. So that source of flows has really dried up or even gone into reverse for much of the past five, six months.
Bloomberg – Stocks Suffer ‘Heat Check’ as Rally Hits a Wall: Markets Wrap
About $4.4 billion was pulled from tech funds in the week through March 6, Bank of America strategists led by Hartnett wrote in a note, citing EPFR data.
March, 5
Reuters – Japan faces a reckoning with its zombie companies
Global equity fund allocations to Japanese equities stood at 4.93% in December, according to EPFR, below the 5.62% weight Japan commands in the MSCI All Country World Index.
March, 4
Bloomberg – Global Funds Are Returning to China Stocks, Morgan Stanley Says
Equities in mainland China and Hong Kong saw $2.2 billion of outflows on a net basis last month — 95% of which can be attributed to investors’ redemptions — compared with $2.6 billion in January, according to EPFR data.
March, 1
Bloomberg – Jeremy Hunt Turns to Retail Investors to Save the UK Market
Investors pulled a record $28.8 billion from UK equity funds last year, according to EPFR data.
Bloomberg – China Stocks See Largest Weekly Outflow Since October, Says BofA
About $1.6 billion was pulled from Chinese funds in the week through February 28, a team led by Michael Hartnett wrote in a note, citing EPFR data.
Reuters – Investors snap up ‘Magnificent 7’ tech stocks and crypto – BofA
Magnificent 7″ largest companies by market value, such as Apple (AAPL.O), opens new tab and Nvidia (NVDA.O), opens new tab, reached $4.7 billion, the most since August, putting flows on track for an annualised record of $98.8 billion, BofA said, citing EPFR data.
