skip to main content
Close Icon We use cookies to improve your website experience.  To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy.  By continuing to use the website, you consent to our use of cookies.
Global Search Configuration

Central bank support boosts Equity Fund flows in mid-June

With the US Federal Reserve voicing support for the goal of sustaining the current recovery, the Bank of Japan continuing to run its ultra-accommodative monetary program and the People’s Bank of China (PBOC) committed to ‘targeted stimulus’, equity investors made a return during the second week of June. EPFR-tracked US, Japan and China Equity Funds all took in fresh money, enabling Equity Funds overall to post inflows for only the second time since mid-March.

The European Central Bank (ECB) is also promising more support for a flagging regional recovery, and Europe Bond Funds extending their longest inflow streak since 1H15. But political noise, ranging from the ruling Conservative Party’s leadership contest in the UK -- and its implications for Brexit -- to Italy’s threats to launch a parallel currency, drowned out the ECB’s signal for equity investors: Europe Equity Funds posted outflows for the 18th week running.

Overall, the week ending June 12 saw a net $3.2 billion flow into EPFR-tracked Equity Funds while Bond Funds absorbed another $16.7 billion and Money Market Funds $23.6 billion. Since the beginning of May investors have steered over $135 billion into Money Market Funds which, collectively, are on pace to exceed the full-year totals for 2017 and 2018 by the end of the month.

 Global Navigator  

For more insight subscribe here.

Any questions? Speak to a specialist

Would you like to request sample data or analysis from Informa Financial Intelligence? 

See how our tailored solutions can help you gain a competitive advantage: