Angst over Covid-19 spreads to fixed income fund groups

"*" indicates required fields

EPFR-tracked Bond Funds were swept up in the broad correction that hit most fund groups in late February, posting their first weekly outflow in over a year during the seven days ending March 4, as fears about the Wuhan coronavirus (Covid-19) continued to pummel asset classes ranging from oil to junk bonds. Flows into Money Market Funds climbed to a 30-week high while redemptions from Bank Loan and Total Return Bond Funds hit levels last seen in 4Q18, over $7 billion flowed out of High Yield Bond Funds and Balanced Bond Funds set a new outflow record.

Complete the form below to read the full article.

This field is for validation purposes and should be left unchanged.

Related Posts

Green shoots for Europe stock funds

Green shoots for Europe stock funds

With the Bank of England and the European Central Bank widely expected to follow the example of their Swedish and Swiss counterparts, and start cutting interest rates at their June policy meetings, investors waded a little deeper into the European equity pool during the second week of May.

Living through interesting times

Living through interesting times

Weaker US job creation numbers and the first interest rate cut by Sweden’s central bank since 2016 gave investor risk appetite a modest boost during the first week of May. Flows to all EPFR-tracked Equity Funds climbed to a six-week high, High Yield Bond Funds recorded their biggest inflow since early November and Europe Equity Funds posted consecutive weekly inflows for the first time in over 14 months.

Sell in May and go away until 2025?

Sell in May and go away until 2025?

The final week of April ended with US markets closing the books on their worst month since September, the price of Bitcoin down some 17% from its mid-March high, Russia on the offensive in Ukraine and US interest rate cuts nowhere in sight. Against this backdrop, flows to most EPFR-tracked fund groups remained subdued for the second week running.

Better, More Actionable Insights

Let us show you how EPFR can create value for your specific strategy