May, 31
The Economic Times – Investor flows into corporate bonds on longest streak since 2019, says BofA
Investors put $5.1 billion into bond funds in general in the week to Wednesday, Bank of America said, citing figures from data provider EPFR, in the 23rd straight week of inflows.
May, 24
Bloomberg – BofA’s Hartnett Says Stock Rally Is Moving Closer to Sell Signal
The note from Bank of America, citing EPFR data, showed all major asset classes recorded inflows in the week through May 22. Global equity funds had additions of $10.5 billion, while $12.5 billion went into bond funds.
The Financial Times – ESG funds are leaking money for the first time
Global equity funds that don’t explicitly market themselves as ESG-focused took in $216bn already this year.
CNBC – Japanese stocks are rallying this year. But one key group of investors is missing
Foreign-domiciled Japanese stock funds grew by $7.5 billion between January and mid-April versus the $4.1 billion flowing into their domestic counterparts, according to EPFR data.
May, 21
MarketWatch – What the fund flow data tell us about the stock and bond markets
According to EPFR, a firm that keeps track of fund flows, inflows into U.S. bond funds and ETFs have been remarkably consistent: Since January 2022, 2-1/2 years ago, such funds have experienced net outflows in just three weeks. And then came last week, when “U.S. bond funds racked up their biggest inflow in 187 weeks.”
May, 19
The Business Times – Wall Street’s risk appetite stays strong despite high rates
Almost US$12 billion was poured into stock funds in the week through Wednesday, while those focusing on high-yield bonds attracted money for two straight weeks, EPFR data compiled by Bank of America shows.
May, 17
Bloomberg – BofA’s Hartnett Sees a Second-Half Comeback Looming for Bonds
The Bank of America strategists said investors poured $11.9 billion into global equity funds in the week through May 15, citing EPFR data.
Bloomberg – Wall Street’s Risk Appetite Stays Strong Despite High Rates
Almost $12 billion was poured into stock funds in the week through Wednesday, while those focusing on high-yield bonds attracted money for two straight weeks, EPFR data compiled by Bank of America shows.
May, 9
Bloomberg – UK ISA Could Pump £4 Billion a Year Into Ailing Stock Market
While this is very little compared with the $31.1 billion pulled from UK equity funds last year, according to EPFR data.
May, 6
CNCB Indonesia – Apple’s Tactics Out of the Abyss of Destruction After iPhone 15 Failed Miserably
Apple has approved a $110 billion share buyback. This is Apple’s largest buyback, according to EPFR analyst Winston Chua.
Bloomberg – At $2 Million Per Minute, Treasuries Mint Cash Like Never Before
Bond funds raked in $300 billion in 2023 and $191 billion so far this year, reversing outflows in 2022 that were the biggest in recent memory, according to EPFR data.
May, 3
Reuters – FOMO finally returns to Chinese equities
Exposure to China remains light, with average allocations by global equity funds at 1.5% at the end of March, according to EPFR data.
XM – Putting Apple’s monster buyback plan in perspective
This was the biggest buyback authorization, not just in Apple’s history, but for any U.S. company, according to Winston Chua analyst at EPFR Liquidity Offerings, a provider of financial data on corporate actions such as buybacks, cash-take overs and new share offerings.
Reuters – Apple shares jump as record buyback and upbeat forecast lure investors
It also approved an additional $110 billion in share repurchases, the largest ever buyback authorization by a U.S. company, according to EPFR analyst Winston Chua.
MarketWatch – Mortgage-bond funds haul in billions in April
Investors poured billions of dollars into mortgage-backed securities funds in April, including a one-week haul of $2.25 billion, the most of any week since the start of 2022, according to data from EPFR.
May, 1
elEconomista – ESG bond funds also note investor appetite for fixed income
Assets under management in global ESG bond funds stand at $655 billion and account for 6.2% of total assets under management of bond funds, according to EPFR data.
