EPFR Fund Flows

Flickers of hope for trade and Brexit deals boost risk appetite

By Cameron Brandt 18 Oct 2019

Flickers of hope for trade and Brexit deals boost risk appetite The second week of October saw flows to EPFR-tracked High Yield and Emerging Markets Bond rebound, US and UK Equity Funds snap three-week outflow streaks and UK Bond Funds post their biggest inflow since June as Sino-US trade and UK-EU exit deal talks took turns for the better. Investors are also pricing in another rate cut from the US Federal reserve when it meets on the final days of the month.

IGM Credit

Asia Bond Barometer: Back in risk-on mode as Phase 1 deal reached

By Riki Zhang 17 Oct 2019

Asia Bond Barometer: Back in risk-on mode as Phase 1 deal reached

EPFR Fund Flows

Flow of Funds Infographic

16 Oct 2019

IGM FX and Rates

China Insight: Phase 1 trade deal means something but not a lot

By Riki Zhang 16 Oct 2019

China Insight: Phase 1 trade deal means something but not a lot

EPFR Fund Flows

Quants Corner

By Vik Srimurthy 15 Oct 2019

Going A Viking The four Nordic countries in continental Europe, Denmark, Sweden, Norway and Finland, are often viewed as a group of homogenous nations on Europe’s northern flank with a shared aversion to conflict, a taste for social democracy and robust welfare states. Investors tend to approach them as a group that offers some comparative insights and uncorrelated exposure relative to the ‘core’ European markets.

EPFR Fund Flows

Data Simply Scores: Enhance your SRI and ESG lenses

By Cameron Brandt 15 Oct 2019

The pursuit of pure Alpha and recognition of less tangible but equally – or more -- worthy goals, is as old as recorded financial history. In its current incarnation, a financial industry tempered by the “greed is good” era is scrambling to accommodate new generations of investors who place a high premium on environmental and social goals. These investors are backing up their interest in environmental, social and governance (ESG) issues with growing amounts of money. The equity funds tracked by Informa Financial Intelligence, EPFR have posted collective net outflows of over $225 billion so far this year, with the ESG subset or socially responsible investment (SRI) mandates attracting over $35 billion in 2019.

IGM Credit, IGM FX and Rates

China Insight: The US May Consider Limiting Investments in China

By Tim Cheung 15 Oct 2019

A couple of negative headlines came out on 8 October before the 13th round of US-China trade talks starts. The US blacklisted 28 Chinese entities and government agencies over human rights violations and repression in Xinjiang; White House has started looking to consider limits on the US pension investments in Chinese equities;

IGM Credit, IGM FX and Rates

The Context 10.14.19

14 Oct 2019

Inside this week’s edition of The Context, Financial Intelligence thought leaders discuss: Pressure on South Africa to Restructure Eskom & Keep Debt in Check Ahead of Moody's Review Eskom is the biggest threat to the economy, which means restructuring is essential. The ANC has said it is working on a plan for Eskom and this is expected to be unveiled, along with a new Chief Executive Officer (Eskom has been without one since July), ahead of the 30th October mid-term budget statement. The CAD Week - Bias is Neutral The stellar Canadian jobs report last Friday sent Usd/Cad spiralling down to 1.3171 at one stage, its lowest level for a month. The data has pushed interest rate cut expectations before year end significantly lower. Euro Corp Snapshot: Weekly Supply Jumps Despite ongoing economic concerns and a volatile backdrop, the European corporate market saw supply accelerate sharply last week where issuers printed a total of EUR14.067bn. That is over six times the EUR2.15bn that printed the prior week. Read more from The Context and subscribe to have it delivered to your inbox each week!