Connect with us


US equity funds receive inflows in the week to Jan 5 By Reuters



© Reuters. FILE PHOTO: People wearing surgical masks walk past a screen showing Nikkei index outside a brokerage in Tokyo, Japan February 3, 2020. REUTERS/Kim Kyung-Hoon

(Reuters) – U.S. equity funds received large inflows for a third straight week in the seven days to Jan. 5, although the rate of buying slowed as Federal Reserve minutes raised expectations interest rates would rise more quickly than previously thought.

Refinitiv Lipper data found investors purchased U.S. equity funds of $8.98 billion, down from the previous week’s inflow of $18.55 billion.

For a related graphic on Fund flows: US equities bonds and money market funds, click

The and the Dow marked a record high earlier this week and Apple Inc (NASDAQ:) became the first company to achieve market capitalisation of $3 trillion.


The optimism was dented after minutes of the Federal Reserve’s most recent meeting raised expectations of a faster-than-expected rise in U.S. interest rates.

Among sector funds, financials, real estate and healthcare attracted $1.19 billion, $0.65 billion and $0.36 billion respectively. In contrast, tech funds witnessed outflows of $0.59 billion.

For a related graphic on Fund flows: US equity sector funds, click

U.S. value funds lured $1.21 billion and posted a third straight week of inflows, while growth funds faced outflows of $712 million after two successive weeks of net buying.

For a related graphic on Fund flows: US growth and value funds, click


U.S. bond funds attracted $9.42 billion in net buying, their biggest weekly inflow since Sept. 1, 2021.

Investors purchased U.S. taxable bond funds of $7.8 billion, 65% up from the previous week, while municipal bond funds saw net buying worth $1.13 billion, the largest in four months.

For a related graphic on Fund flows: US bond funds, click

U.S. money market funds saw outflows of $1.44 billion after purchases of $34.6 billion in the previous week.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *