Quant Insights | Economist Insights | Multimedia | Papers

Earnings growth wrestles inflation for control of market narrative

10.25.2021

Rising prices and higher-than-expected earnings shaped investor sentiment during the third week of October. Most of the companies reporting their 3Q21 numbers surpassed expectations. But their reports and forecasts were qualified by the shortages, input cost increases and supply chain issues they are facing.

Investors responded by pouring nearly $25 billion into EPFR-tracked Equity Funds, with 10 of the 11 major Sector Fund groups recording inflows for the week, and by stepping up their search for inflation protection. Bank Loan and Inflation Protection Funds took in over $1 billion apiece, and Cryptocurrency Funds extended their current inflow streak.

Graph depicting the 'Cumulative flows, as percentage of Assets under management, for major money market fund groups, from 2016 to date'.

Graph depicting 'Change, in basis points for GEM equity fund allocations to major markets, 2021 to date'.

Did you find this useful? Get our EPFR Insights delivered to your inbox.

Subscribe to EPFR Insights

Next Post →

▶︎ Quant Insights

▶︎ Economist Insights

▶︎ Multimedia

▶︎ Papers

Back to the future for fund flows in 1Q25

Mar 3, 2025 | Global Navigator, Economist Insights

Five weeks into President Donald Trump’s first term, flows to EPFR-tracked Europe Equity Funds were coming out of a long slump, investors were rediscovering the charms of diversified exposure, Alternative Funds were posting their fourth straight inflow and a combined $52 billion had flowed into US Equity and Bond Funds. Eight years later, the final week of February saw Europe Equity Funds extend their longest inflow streak since mid-2Q24, Global Equity and Bond Funds both pull in over $1.5 billion, Alternative Funds post their fifth consecutive inflow and combined flows into US Equity and Bond Funds since Inauguration Day hit $130 billion.

Making the case for Europe is getting easier

Feb 24, 2025 | Global Navigator, Economist Insights

Funds dedicated to the old world and conventional asset classes enjoyed a rare moment in the sun during the second week of February, which ended with the new US administration promising reciprocal tariffs on trading partners and a higher-than-expected February inflation number for the world’s largest economy.

Rotating from new to old in mid-February

Feb 17, 2025 | Global Navigator, Economist Insights

Funds dedicated to the old world and conventional asset classes enjoyed a rare moment in the sun during the second week of February, which ended with the new US administration promising reciprocal tariffs on trading partners and a higher-than-expected February inflation number for the world’s largest economy.

Quant Insights | Economist Insights | Multimedia | Papers