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☆ Global equity funds see outflows on rate hike worries
▼ + stars: | 2023-02-10 | by ( ) www.reuters.com time to read: +2 min

Refinitiv Lipper data showed investors withdrew about $209 million from global equity funds in the week to Feb. 8, marking their first weekly net selling since Jan. 4. read moreU.S. equity funds recorded outflows of $470 million, although investors purchased European and Asian funds of about $100 million each. Global short- and medium-term bond funds remained in demand for a third week as they received a net $2.38 billion. Global bond fund flows in the week ended Feb 8Global money market funds recorded outflows of $4.47 billion compared with the previous week's $1.12 billion net purchases. Data for 24,697 emerging market (EM) funds showed equity funds secured a net $2.74 billion in a fifth successive week of net buying, while bond funds obtained a net $1.3 billion worth of inflows.

☆ Global equity funds attract inflows for third week in a row
▼ + stars: | 2023-01-27 | by ( ) www.reuters.com time to read: +2 min

Jan 27 (Reuters) - Global equity funds received inflows for a third straight week in the week to Jan. 25 as easing recession fears and hopes of smaller rate hikes by the Federal Reserve kept sentiment buoyant. Refinitiv Lipper data showed global equity funds obtained $3.23 billion worth of inflows during the week, compared with $5.16 billion worth of net purchases in the previous week. European and Asian equity funds received $3.15 billion and $1.36 billion worth of inflows, but investors sold about $1.14 billion worth of U.S. equity funds. Fund flows: Global equity sector fundsMeanwhile, global bond funds accumulated a net $11.35 billion worth of inflows in a fourth successive week of net buying. Data for 24,502 emerging market (EM) funds showed equity funds attracted a net $5.02 billion in a third successive week of net buying, while bond funds obtained a net $3.9 billion worth of inflows.

☆ Wall Street is excited about Chinese tech — and loves one mega-cap stock in particular
▼ + stars: | 2023-01-24 | by ( Zavier Ong | ) www.cnbc.com time to read: +4 min

A growing number of positive analyst calls has reinforced optimism in the sector, with recent share price gains reflecting renewed interest. How is Wall Street playing the resurgence in Chinese tech? Morgan Stanley too, has named Alibaba its "top pick" in the Chinese tech sector — for the first time in three years. Cohen is reported to have told Alibaba executives that he thought the company could reach double-digit sales growth and nearly 20% free cashflow growth over the coming five years. He said he would "not be surprised" to see Alibaba's share price rise to $140 to $150 — a "significant amount of upside" from current levels.

☆ Global equity funds post second weekly inflows in a row
▼ + stars: | 2023-01-20 | by ( ) www.reuters.com time to read: +2 min

Refinitiv Lipper data showed global equity funds obtained $5.24 billion worth of inflows during the week, a tad higher than the previous week. Fund flows: Global equities, bonds and money marketEuropean equity funds received $7.06 billion, while Asian equity funds obtained $1.16 billion. Meanwhile, global bond funds also had inflows for the third consecutive week, drawing $13.23 billion worth of money. Investors purchased global corporate funds worth $3.74 billion, with high-yield funds luring $2.1 billion. Fund flows: Global equity sector fundsGlobal money market funds faced their first outflow in four weeks, suggesting increased investor risk appetite.

☆ 2023 is set to be tough — but this 'exceptional' stock is rock solid, fund manager says
▼ + stars: | 2023-01-19 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Masters highlighted a core stock in his portfolio that he described as having "quite exceptional performance": luxury powerhouse LVMH . "LVMH — very, very powerful business, very strong house of brands, the performance has been quite exceptional. LVMH owns companies ranging from luxury brands Louis Vuitton and Givenchy, to cosmetics names such as Fenty Beauty by Rihanna. "What we have seen post Covid is a real bifurcation between consumers, and this has flowed through to stronger performance among luxury brands. "Today, the performance of their business and the execution has been rock solid.

☆ Thinking of jumping back into Big Tech? This investor is wary of 2 stocks in particular
▼ + stars: | 2023-01-18 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Investors have been getting back into tech stocks, with the tech-heavy Nasdaq leading all three major Wall Street indexes since the start of the year, rising over 6%. But fund manager Trent Masters of Alphinity Investment Management isn't convinced — and told CNBC Pro Talks last week which two Big Tech stocks might be worth avoiding for now. He doesn't own any Big Tech names at the moment, except for a "residual position" in Apple. Meta Masters told CNBC Pro there are "genuine questions" over a few companies' business models — and Meta is the "most exposed" of the lot. Apple Masters said the latest iPhone release was "fairly tepid" as "there wasn't really much in terms of product iteration."

☆ Global equity funds see first weekly inflow in 10 weeks
▼ + stars: | 2023-01-13 | by ( ) www.reuters.com time to read: +2 min

Jan 13 (Reuters) - Global equity funds drew their first weekly inflow in 10 weeks in the week to Jan. 11 on hopes of easing inflation and expectations that China's re-opening would boost global economies. Refinitiv Lipper data showed global equity funds attracted $5.17 billion in net purchases, for their first weekly inflow since Nov. 2. European and Asian equity funds received $7.35 billion and $1.54 billion worth of inflows, but investors exited U.S. funds worth $2.01 billion. Fund flows: Global equity sector fundsEquity funds focused on China accumulated $1.61 billion worth of inflows, the biggest since July 6. Data for 24,627 emerging market (EM) funds showed, bond funds secured $730 million in net buying, while equity funds drew $3.94 billion, the biggest weekly inflow since April 2022.

☆ Want a recession-proof portfolio? Fund manager names two stocks that could fit the bill
▼ + stars: | 2023-01-13 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Investors looking for stocks to ride out a recession may want to consider NextEra Energy and cyber security firm Fortinet , according to one fund manager. The remaining 40% of revenues come from its NextEra Energy Partners subsidiary, one of the biggest wind and solar generators in the United States. When asked by CNBC's Mandy Drury to name recession-proof stocks, Masters said NextEra Energy fit the bill. The fund manager said Fortinet would likely see revenue growth this year despite a global recession as companies fear being hacked amid an increase in online crime. Masters manages the Alphinity Global Equity Fund, which outperformed the MSCI World Index last year.

☆ CNBC Pro Talks: Portfolio manager Trent Masters on how to beat the market
▼ + stars: | 2023-01-12 | by ( ) www.cnbc.com time to read: +2 min

Stock markets around the world had a horrible 2022, but veteran fund manager Trent Masters sees a brighter side to last year's market turmoil. "I'm quite encouraged by what has happened over 2022 because I think markets have become fundamentally disconnected from the underlying drivers. And so, I think what we are seeing now, particularly across tech, is a very healthy focus on profitability," Masters, portfolio manager at Alphinity Investment Management, said in the latest installment of CNBC Pro Talks. The cybersecurity sector outperformed the broader tech sector last year, and Masters remains bullish on its longer-term prospects. On the beaten-down semiconductor sector, Masters still sees opportunities in the space, naming one company with exposure to the electric vehicle transition and another that is "absolutely unique" in what it does.

☆ CNBC Pro Talks: Portfolio manager Trent Masters shares how to beat the market — and his top stock picks
▼ + stars: | 2023-01-11 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +3 min

Global stocks were hit hard in 2022, with the MSCI World Index falling almost 20%. Join CNBC's next Pro Talks for insights on how to play the market in 2023. Watch the next Pro Talks here . Join CNBC's next Pro Talks for insights on how to play the market in 2023. Watch the next Pro Talks here.

Shifts in tones at big banks suggest they are warming up to Chinese equities, especially as the strong returns so far and the fear of missing out on more gains start to apply pressure. "This is still a long path and we remain very bullish on Chinese equities ...and also the currency," he said. "When the market goes up, naturally that will attract international investors to look at China again," said Nicholas Yeo, head of China equities at abrdn. Foreign investors bought a net 41 billion yuan ($6.06 billion) of China stocks via the China-Hong Kong Stock Connect Scheme so far this year, compared with 90 billion yuan of China stocks bought in all of 2022. They bought a net 35 billion yuan of China stocks in December.

☆ Global equity funds post outflows for ninth week in a row
▼ + stars: | 2023-01-06 | by ( ) www.reuters.com time to read: +2 min

According to Refinitiv Lipper data, global equity funds recorded a net $15.42 billion worth of withdrawals, compared with just $791 million worth of disposals in the previous week. U.S. equity funds suffered $20.72 billion worth of net selling, but investors bought European and Asian funds of $3.16 billion and $1.06 billion, respectively. Fund flows: Global equity sector fundsMeanwhile, investors secured a net $5.28 billion worth of bond funds in their first weekly net buying since mid-August. Government bond funds also attracted $4.37 billion in inflows, but inflation- protected funds had outflows of $108 million. According to data available for 24,528 emerging market (EM) funds, investors exited $901 million worth of equity funds in a second straight week of net selling but bond funds drew a net $954 million in inflows.

☆ Global equity funds see outflows for an eighth straight week
▼ + stars: | 2022-12-30 | by ( ) www.reuters.com time to read: +2 min

Dec 30 (Reuters) - Global equity funds posted net outflows for an eighth straight week in the seven days to Dec. 28 as a stronger than expected U.S. GDP reading raised worries that U.S. interest rates could stay higher for longer. According to Refinitiv Lipper data, investors withdrew a net $529 million from global equity funds, although that was down from $39.1 billion the previous week. Short- and mid-term bond funds experienced their 19th straight week of outflows, at $1.59 billion, while high yield bond funds lost a net $179 million. Global bond fund flows in the week ended Dec. 28Investors purchased lower risk money market funds worth a net $14.18 billion and parked $814 million in government bond funds in a eighth straight week of net buying. According to data available for 24,668 emerging market (EM) funds, both equity and bond funds saw net weekly outflows, amounting $344 million and $97 million, respectively.

☆ Global equity funds see biggest weekly outflows since March 2020 -Lipper
▼ + stars: | 2022-12-23 | by ( ) www.reuters.com time to read: +1 min

Dec 23 (Reuters) - Global equity funds have recorded their biggest weekly outflows since March 2020, hit by recession fears as central banks vow to keep interest rates higher to tame inflation. The Fed has delivered 400 basis points (bps) of rate hikes this year, and the European Central Bank a record 250 bps. Global bond funds also saw a net weekly outflow, of $14.1 billion, the biggest in more than two months. Money market funds recorded net sales of $41 billion. According to data available for 24,687 emerging market (EM) funds, a net $664 million flowed out of bond funds, while a meagre $195 million was added to equity funds.

☆ Global equity funds draw first weekly inflow after five weeks
▼ + stars: | 2022-12-16 | by ( ) www.reuters.com time to read: +2 min

Dec 16 (Reuters) - Global equity funds attracted their first inflow in six weeks in the week ended Dec. 14, with investors optimistic that easing inflation levels would prompt central banks to scale back the pace of interest rate hikes. According to Refinitiv Lipper data, investors poured a net $1.01 billion into global equity funds in their first weekly net buying since Nov. 2. Fund flows: Global equity sector fundsInvestors withdrew about $1.53 billion net from global bond funds after a net purchase of $4.96 billion last week. Global bond fund flows in the week ended Dec. 14Money market funds saw a net $12.95 billion outflow after three straight weeks of net purchases. Equity funds also received inflows worth $215 million after a weekly outflow.

☆ Global equity funds record biggest weekly outflows in three months
▼ + stars: | 2022-12-09 | by ( ) www.reuters.com time to read: +2 min

According to Refinitiv Lipper data, investors offloaded a net $22.03 billion worth of global equity funds, marking their biggest weekly net selling since Sept. 7. read moreInvestors sold a net $26.65 billion in U.S. equity funds, although they purchased European and Asian equity funds worth $3.41 billion and $990 million, respectively. Fund flows: Global equity sector fundsMeanwhile, global bond funds attracted $8.54 billion in inflows after witnessing outflows for four weeks. Corporate bond funds received $2.17 billion, and government bond funds drew $1.06 billion, the biggest weekly inflow in three weeks, while outflows from short- and mid-term bond funds eased to a 16-week low of $272 million. According to data available for 24,734 emerging market (EM) funds, equity funds saw outflows of 1.06 billion after two straight weeks of inflows, but investors purchased $1.35 billion worth of bond funds.

☆ Global equity funds post biggest weekly outflow in six weeks
▼ + stars: | 2022-12-02 | by ( ) www.reuters.com time to read: +2 min

According to Refinitiv Lipper data, investors withdrew a net $5.44 billion out of global equity funds, the highest since the week ended Oct. 19. Fund flows: Global equity sector fundsMeanwhile, global bond funds also remained out of favour for a fourth consecutive week, recording outflows worth a net $14.14 billion. Global short- and mid-term bond funds lost $3.51 billion in a 15th straight week of outflow, while investors exited $1.09 billion worth of high-yield funds after two weeks in a row of purchases. However, safer money market funds and government bond funds remained in demand, obtaining a net of $29.07 billion, the biggest in four weeks, and $1.86 billion respectively. According to data available for 24,756 emerging market (EM) funds, equity funds secured $656 million in a second straight week of inflows.

☆ Global equity funds face weekly outflows on growth worries
▼ + stars: | 2022-11-25 | by ( ) www.reuters.com time to read: +2 min

Nov 25 (Reuters) - Global equity funds saw outflows in the week ended Nov. 23 on worries over a recession due to higher interest rates and fresh lockdowns as COVID cases rise in China. According to Refinitiv Lipper data, investors withdrew $8.6 billion and $840 million respectively from U.S. and European equity funds but invested $470 million in Asian equity funds. Meanwhile, global bond funds posted outflows for a third straight week, amounting to $2.52 billion. Meanwhile, global government bond funds received inflows worth $809 million in a third straight week of net buying. Fund flows: Global equity sector fundsThe data showed investors accumulated global money market funds worth $26.4 billion, compared with an outflow of $9.4 billion in the previous week.

But it's much higher compared to the U.S. companies' issuance of $17.3 billion and Europe's $16.4 billion so far. Internally, China has a lower inflation environment and loosening monetary policy, equity market valuation is more resilient," said Mandy Zhu, head of China Global Banking - UBS. OVERSEAS LISTINGS DROPHowever, Chinese companies' listings overseas have dropped sharply this year. The data showed that IPO issuances on the mainland fell just 11%, while Chinese listings in U.S. and Europe slumped 97% and 81%, respectively. She added that a recovery in the U.S. market listings will take a longer time, given the uncertainty over U.S.-China relations.

LONDON, Nov 18 (Reuters) - Inflows into global equity funds hit their highest level in 35 weeks in the week to Wednesday, according to a report from Bank of America (BofA), as investor optimism brightened. Investors poured a net $22.9 billion into equities, BofA said, citing EPFR data, and $4.2 billion into bonds. They pulled $3.7 billion from cash funds and $300 million from gold. U.S. equity funds saw inflows just shy of $24 billion in the week to Wednesday, BofA said. Money flowed into emerging market (EM) equities for the fourth week running, at $1.9 billion.

☆ China is easing its Covid measures. Here’s how market pros are playing it
▼ + stars: | 2022-11-15 | by ( Zavier Ong | ) www.cnbc.com time to read: +4 min

China announced a shortening of its quarantine requirements last week, while simplifying travel rules and adjusting its monitoring regime. China has stood firm on its zero-Covid policy even as countries around the world adopt a "live with the virus" approach. Fund manager Brian Arcese believes the market reaction reflects the "underlying fundamentals that earnings will really start to improve." Meanwhile, Arcese, who is a portfolio manager at Foord Asset Management, said the firm has a China exposure of about 20%. It should benefit from the re-opening of China as tourism gradually recovers to pre-Covid levels," he added.

☆ Global equity funds register outflows after two weeks of net buying
▼ + stars: | 2022-11-11 | by ( ) www.reuters.com time to read: +2 min

Nov 11 (Reuters) - Global equity funds registered net outflows for the first time in three weeks in the week to Nov. 9, undermined by caution ahead of the U.S. midterm election results and the release of key inflation data. According to Refinitiv Lipper data, investors exited a net $11.56 billion worth of global equity funds, after obtaining funds worth $13.98 billion in the previous week. Fund flows: Global equities bonds and money marketThe U.S. and European equity funds recorded withdrawals worth $10.5 billion and $830 million respectively, although Asian funds saw net purchases of $290 million. Fund flows: Global equity sector fundsMeanwhile, global bond funds saw net selling of $718 million after $989 million worth of inflows in the previous week. Investors disposed of short- and mid-term bond funds for a 12th straight week, worth $1.68 billion while exiting high yield funds of $247 million.

☆ Global equity funds gain inflows for second week in a row
▼ + stars: | 2022-11-04 | by ( ) www.reuters.com time to read: +2 min

Nov 4 (Reuters) - Global equity funds obtained huge inflows in the week ended Nov. 2 as investors were hoping that the U.S. Federal Reserve would consider decelerating the pace of its interest rate hikes, ahead of its policy decision. According to Refinitiv Lipper data, investors purchased a net $13.76 billion worth of global equity funds, marking their biggest weekly net buying since March 23. Fund flows: Global equities, bonds and money marketThe U.S., European, and Asian equity funds, all received inflows worth $10.19 billion, $2.42 billion and $830 million respectively. read moreFund flows: Global equity sector fundsMeanwhile, global bond funds obtained $655 million worth of inflows after witnessing disposals for 10 weeks in a row. Fund flows: EM equities and bondsAmong commodity funds, precious metal funds witnessed outflows for a third week, amounting $1.01 billion, but energy funds gained a second weekly inflow, worth $73 million.

☆ Global equity funds receive inflows for first time in 10 weeks
▼ + stars: | 2022-10-28 | by ( ) www.reuters.com time to read: +2 min

Oct 28 (Reuters) - Global equity funds attracted money inflows in the week ended Oct. 26, bolstered by expectations the Federal Reserve would slow its pace of rate hikes to counter the economic slowdown. According to Refinitiv Lipper data, investors bought a net $7.8 billion worth of global equity funds in the week, after ditching them in the previous nine weeks. U.S. equity funds obtained $7.9 billion, while Asian equity funds received $2.1 billion. On the other hand, European equity funds faced net sales of $2.3 billion during the week, the data showed. The data showed global money market funds received inflows worth $18.6 billion, its fourth consecutive weekly inflow.

☆ Tech stocks are tumbling but one fund manager still loves Microsoft. Here’s why
▼ + stars: | 2022-10-28 | by ( Zavier Ong | ) www.cnbc.com time to read: +4 min

Tech stocks have tumbled this week, as investor optimism fades following disappointing results from some of the sector's biggest names. Despite the gloomy outlook for the sector, fund manager Brian Arcese is still bullish on selected stocks within the sector — including Microsoft. The portfolio manager at Foord Asset Management co-manages the Foord International Fund and the Foord Global Equity Fund. Read more These 'all-weather' stocks can protect your portfolio in a recession: Outperforming fund manager Stocks and bonds are struggling. The Foord Global Equity fund has fared less well, although did manage to just outperform the market this year, down 23.3% as of the end for September, the fund's latest factsheet showed.

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