DIRS.INFO The most relevant business & tech news

☆ Here's how investors are trading France’s political chaos
▼ + stars: | 2024-12-04 | by ( Ganesh Rao | ) www.cnbc.com time to read: +5 min

The French government is on the brink of collapse and investors are gearing up for a volatile week of trading, with some eyeing opportunities amid the chaos. The Oat - Bund spread, as the two respective sovereign bonds are known, shows the negative sentiment investors have toward French government bonds relative to German government bonds. It comes after Barnier said he would force through cuts in social security, to lower the government's 6% budget deficit, without a vote. If the recently appointed government is toppled, Barnier would be the shortest-serving prime minister in France's modern history. "They're agents of chaos for little political end," Everett added.

Persons: Michel Barnier, Barnier, France don't bode, Vassili Serebriakov, Alex Everett, abrdn, Emmanuel Macron, Macron's, Macron, Everett, Leon Ferdinand Bost, Abrdn's Everett Organizations: European Central Bank, UBS, CNBC, Government Bond Fund, Metzler Research, Metzler Bank, Rassemblement, France Locations: Paris, France, ECB, Everett, Netherlands, Spain

☆ China to front-load 2025 local government special bonds quota, report says
▼ + stars: | 2024-11-18 | by ( ) www.cnbc.com time to read: +1 min

BEIJING, CHINA - SEPTEMBER 04: Buildings and vehicles are seen in the central business district during the rush hour on September 4, 2020 in Beijing, China. China's finance ministry is planning to front-load part of the 2025 local government special bonds quota to meet funding needs for major infrastructure projects, state-backed The Securities Times reported on Monday. The State Council, China's cabinet, typically determines and issues an advance allocation of new local government debt quotas for the following year in the fourth quarter, depending on economic conditions, the report said. By the end of October, local governments had issued 3.9 trillion yuan ($539 billion) in new special bonds, almost completing debt issuance under the 2024 quota, the report added. Earlier this month, China unveiled a 10 trillion yuan debt package to ease local government financing strains and stabilise flagging economic growth, as it faces fresh pressure following the re-election of Donald Trump as U.S. president.

Persons: Donald Trump Organizations: Securities Times, State Council, Ministry of Finance, Beijing Locations: BEIJING, CHINA, Beijing, China

☆ Bond fund managers head for third year of losses for first time in decades
▼ + stars: | 2023-10-31 | by ( Harry Robertson | ) www.reuters.com time to read: +4 min

Reuters GraphicsEuropean funds have effectively returned nothing this year after two down years, Morningstar data shows. Government bond funds have fared even worse and are set for three years of losses in both the U.S. and Europe. Bond yields rise as prices fall, and vice versa. Reuters GraphicsBank of America said there were $5.6 billion of inflows to long-dated Treasury funds last week, the largest on record. ICI data shows that U.S. money market funds have ballooned to $5.6 trillion in assets, from $4.6 trillion in October last year.

Persons: Dado Ruvic, Stefano Fiorini, Oliver Blackbourn, Janus Henderson, You've, Jonas Goltermann, Max Kettner, Harry Robertson, Mark Potter Organizations: REUTERS, Reuters Graphics, Morningstar, U.S, Generali Investments Partners, Reserve, Reuters, Treasury, Citi, ICE, Fed, Capital Economics, Investment Company Institute, Reuters Graphics Bank of America, Reuters Graphics Reuters, ICI, HSBC, Thomson Locations: Europe, U.S

☆ Global equity funds experience notable outflows amid U.S. yield worries
▼ + stars: | 2023-10-27 | by ( ) www.reuters.com time to read: +2 min

Investors pulled out a net $7.46 billion from global equity funds during the week, extending outflows into a sixth straight week, data from LSEG showed. European equity funds logged about $7.39 billion worth of outflows during the week, the biggest amount since Sept. 28, 2022. Investors also divested $2.69 billion worth of U.S. equity funds but poured $2.53 billion in Asian funds. Investors also accumulated $18.3 billion worth of money market funds after $108.7 billion worth of net selling a week ago. Data covering 28,654 emerging market funds showed that investors exited EM equity funds of $2.55 billion, extending outflows into an 11th straight week.

Persons: Dado Ruvic, Gaurav Dogra, Patturaja, Alison Williams Organizations: REUTERS, Global, Investors, Reuters Graphics Reuters, Treasury, Commodities, Energy, Thomson Locations: outflows, LSEG, Bengaluru

☆ Global bond funds register big outflows on rate worries
▼ + stars: | 2023-09-29 | by ( Reuters Staff | ) www.reuters.com time to read: +2 min

According to LSEG data, global bond funds suffered disposals of $3.25 billion on a net basis, compared with $2.29 billion worth of net purchases in the week before. High-yield bond funds booked $3.11 billion of net selling during the week, the biggest outflow in six months. Investors also shed $300 million worth of corporate bond funds while pouring about $2.35 million into government bond funds. Data showed global equity funds experienced a net $10.7 billion worth of outflow, the biggest in a week since Aug. 23. Data for emerging markets comprising 28,251 funds showed that equity funds’ outflows stood at $3.7 billion, the highest since June 7.

Persons: Brendan McDermid, outflows, ’ outflows Organizations: Reuters, New York Stock Exchange, REUTERS, U.S . Federal Reserve, European Central Bank, Bank of England, Investors, ’ Locations: New York City, U.S, outflows, outgo

☆ US equity funds see outflows for sixth week in a row
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +2 min

According to LSEG data, investors withdrew a net $5.96 billion out of U.S. equity funds during the week, compared with about $4.42 billion worth net withdrawn the previous week. Investors offloaded about $3.96 billion worth of equity large-cap funds compared with about $110 million worth of net selling in the previous week. Small- mid-, and multi-cap funds also witnessed $1.56 billion, $365 million and $4 million worth of net selling, respectively. U.S. bond funds witnessed outflows for a fourth successive week, with about $622 million in net selling. Government bond funds also saw about $260 million worth of outflows, the first in five weeks.

Persons: Andrew Kelly, Gaurav Dogra, Patturaja, Emelia Sithole Organizations: New York Stock Exchange, REUTERS, Investors, Treasury, Reuters Graphics Reuters, Money, Thomson, & $ Locations: New York City, U.S, China, Europe, Bengaluru

☆ US equity funds record biggest weekly outflow in seven weeks
▼ + stars: | 2023-08-11 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Andrew KellyAug 11 (Reuters) - U.S. equity funds saw heavy outflows in the seven days to Aug. 9 amid investor caution ahead of the U.S. inflation data and concerns over credit rating downgrades in the banking sector. By sector, materials, financials and tech saw net sales of $891 million, $554 million and $524 million, respectively. Reuters Graphics Reuters GraphicsMeanwhile, U.S. money market funds and government bond funds attracted $40.88 billion and $4.48 billion, respectively, as investors hunted for safety. U.S. general domestic taxable fixed income and short/intermediate investment-grade funds received about $800 million each in inflows. On the other hand, high yield and loan participation funds saw net sales of $565 million and $419 million, respectively.

Persons: Andrew Kelly, Moody's, Gaurav Dogra, Mark Potter Organizations: New York Stock Exchange, REUTERS, Reuters Graphics Reuters, Wall, Nasdaq, Thomson Locations: New York City, U.S, Patturaja, Bengaluru

☆ Global money market funds draw biggest weekly inflow in 4-1/2 months
▼ + stars: | 2023-08-11 | by ( ) www.reuters.com time to read: +2 min

Investors ploughed $73.17 billion into money market funds in their biggest weekly net purchase since March 22, data from Refinitiv Lipper showed. U.S. money market funds attracted a net $40.88 billion in inflows while in Europe and Asia net inflows stood at $23.4 billion and $13.15 billion, respectively. Higher-risk equity funds suffered $11.71 billion worth of net selling, the biggest weekly outflow since June 21. Global corporate bond funds drew about $1.16 billion and government bond funds a net $2.71 billion, the biggest amount since July 12. Meanwhile, bond funds faced their biggest weekly net outflow in nine months at a net $1.74 billion.

Persons: Dado Ruvic, Lipper, Gaurav Dogra, Patturaja, Kirsten Donovan Organizations: REUTERS, Reuters Graphics, Federal Reserve, Reuters Graphics Reuters, Global, Thomson Locations: Saudi, China, Europe, Asia, Bengaluru

☆ US money market funds draw biggest inflow in four months
▼ + stars: | 2023-08-04 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Rick Wilking/File PhotoAug 4 (Reuters) - U.S. money market funds saw robust demand in the seven days to Aug. 2 as investors favoured safer assets on concerns over a U.S. credit rating downgrade and economic reports signalling a still-tight labour market. Investors secured U.S. money market funds worth about $58.56 billion in their biggest weekly net buying since March 29, data from Refinitiv Lipper showed. Reuters Graphics Reuters GraphicsU.S. equity funds drew $133 million worth of inflows, compared with about $2.57 billion worth of net purchases a week ago. U.S. equity growth funds saw net outflows worth $3.48 billion, the biggest since June 7, but value funds had $891 million worth of net buying. Reuters Graphics Reuters GraphicsU.S. bond funds witnessed about $1 billion worth of outflows, the first weekly net selling since June 28.

Persons: Rick Wilking, Lipper, baring industrials, Gaurav Dogra, Shilpi Majumdar Organizations: REUTERS, Investors, Reuters Graphics Reuters Graphics, Reuters Graphics Reuters, Thomson Locations: Westminster , Colorado, U.S, Patturaja, Bengaluru

☆ Global money market funds see largest inflows since March amid US downgrade, economic woes
▼ + stars: | 2023-08-04 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Jason Lee/Illustration/File PhotoAug 4 (Reuters) - Global money market funds attracted massive inflows in the week to Aug. 2 as investors sought safer assets amid a U.S. credit downgrade and weak economic data from the euro zone and China. Investors poured in a net $67.52 billion into global money market funds during the week, marking the biggest weekly net purchase since March 22, according to Refinitiv Lipper data. The U.S. and the European money market funds drew $58.56 billion and $14.35 billion worth of inflows, respectively, while Asia faced a second weekly outflow, amounting to $360 million. Riskier global equity funds still received inflows worth about $4.45 billion in a second straight week of net purchases. Data for 24,127 emerging market funds showed that investors withdrew about $487 million from bond funds after eight straight weeks of net purchases.

Persons: Jason Lee, Fitch, Gaurav Dogra, Patturaja, Shilpi Majumdar Organizations: Hong, REUTERS, Investors, Reuters Graphics Reuters, AAA, Global, Equity, Thomson Locations: Hong Kong, China, United States, Europe, U.S, Asia, Bengaluru

☆ Global money market funds draw big weekly inflows on investor caution
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +2 min

According to Refinitiv Lipper data, global money market funds drew investments worth a net $38.74 billion in the week ended July 26, the biggest amount since July 5. Reuters Graphics Reuters GraphicsThe U.S. and European money market funds attracted purchases worth $24.62 billion and $11.84 billion, respectively, on a net basis. Global equity funds drew about $1.3 billion worth of inflows after witnessing a weekly outflow of $2.2 billion the previous week. They also disposed of about $34 million worth of precious metal funds in their ninth weekly net selling in a row. Meanwhile, data for 24,115 emerging market funds showed bond funds received $1.14 billion, the biggest amount in three weeks, while equity funds had a third weekly net purchase worth about $157 million.

Persons: Kai Pfaffenbach, Gaurav Dogra, Patturaja, Varun Organizations: European Central Bank, REUTERS, Federal Reserve, Bank of Japan, Reuters Graphics Reuters, Global, Corporate, Thomson Locations: Frankfurt, Germany, Bengaluru

☆ Global equity funds suffer seventh straight week of outflows
▼ + stars: | 2023-06-05 | by ( ) www.reuters.com time to read: +2 min

June 5 (Reuters) - Global equity funds saw a seventh straight week of outflows in the seven days to May 31 on global economic slowdown concerns after weaker readings from China and major European countries. Investors disposed of a net $4.55 billion of global equity funds during the week, Refinitiv Lipper data showed, compared with a weekly withdrawal of about $3.54 billion a week ago. European equity funds saw $3.4 billion worth of net selling, while Asian funds had withdrawals of $820 million with China losing a net $425 million in a third straight week of outflows. During the week, combined inflows into global bond funds were a net $4.04 billion in an eleventh straight week of net purchases. Data for 23,954 emerging market funds showed investors sold a net $454 million worth of equity funds, while withdrawing $355 million from bond funds in a sixth successive week of net selling.

Persons: Gaurav Dogra, Patturaja, Alexander Smith Organizations: Global, Reuters Graphics Reuters, China, Technology, Thomson Locations: China, Germany, Bengaluru

☆ Global equity funds post outflows for fifth week in a row
▼ + stars: | 2023-05-19 | by ( ) www.reuters.com time to read: +2 min

May 19 (Reuters) - Global equity funds suffered outflows for a fifth straight week in the week to May 17, undermined by uncertainties over U.S. debt ceiling and concerns about global economy, with soft economic data coming out of the U.S. and China. According to Refinitiv Lipper data, global equity funds faced $8.72 billion worth of outflows in the week to May 17, compared with about $4.77 billion worth of net selling in the previous week. Reuters Graphics Reuters GraphicsThe U.S. and European equity funds recorded withdrawals of $7.64 billion and $1.81 billion respectively during the week, but Asian funds received $180 million worth of inflows. Healthcare, financial and energy sector equity funds faced net outflows of $698 million, $677 million, and $410 million, respectively, but tech secured a net $906 million worth of inflows. Data for 23,976 emerging market funds showed equity funds obtained a net $684 million in a third weekly inflow in a row, while bond funds drew $43 million worth of net purchases after three weeks of outflows.

☆ Global equity funds see 4th week of outflows on slowdown worries
▼ + stars: | 2023-05-15 | by ( Patturaja Murugaboopathy | ) www.reuters.com time to read: +2 min

May 12 (Reuters) - Global equity funds witnessed a fourth successive weekly outflow in the week ended May 10, hit by deadlock over the U.S. debt ceiling and lingering worries over an economic slowdown. According to Refinitiv Lipper, global equity funds saw $4.9 billion worth of outflows, which was the fourth consecutive outflow. U.S. equity funds had outflows worth $5.7 billion, and Asia and European funds had modest inflows of $1.1 billion and $0.59 billion, respectively. Reuters GraphicsGovernment bond funds obtained $3.01 billion, while high-yield bond funds and inflation-linked bond funds had outflows worth $1.5 billion and $125.3 million, respectively. Data for 23,973 emerging market funds showed investors received a net $838 million worth of equity funds but exited a net $622 million worth of bond funds.

☆ US equity funds record biggest weekly outflow in five weeks
▼ + stars: | 2023-05-05 | by ( ) www.reuters.com time to read: +1 min

Investors exited a net $15.61 billion worth of U.S. equity funds during the reported period, their biggest weekly net selling since March 29, Refinitiv Lipper data showed. Reuters Graphics Reuters GraphicsU.S. large-cap funds lost $7.27 billion in net selling, the most since March 29, while small- and mid-cap funds saw outflows of $1.84 billion and $1.29 billion, respectively. U.S. general domestic taxable fixed income funds witnessed outflows of $1.49 billion. U.S. high yield funds lost $1.77 billion in their first weekly net selling in five weeks. Meanwhile, U.S. short/intermediate investment-grade funds obtained a net $1.92 billion in their biggest weekly inflow in 10 weeks.

☆ Bond investors fearing recession, boost safety bets ahead of FOMC
▼ + stars: | 2023-05-01 | by ( Gertrude Chavez-Dreyfuss | ) www.reuters.com time to read: +5 min

Going long duration reflects expectations U.S. yields will fall because the Fed will be forced to cut rates. During the Fed's aggressive rate-hike phase last year, investors shortened their duration exposure. In terms of price action, U.S. 5-year yields dropped 67 bps since March, suggesting increased demand from investors. U.S. Treasuries rallied in March, pushing yields lower, as the market sought safety during the banking crisis. U.S. two-year yields, which reflect rate expectations, fell nearly 60 bps in March, the largest monthly fall since December 2007.

☆ Investors turn net sellers of global equity funds on recession fears
▼ + stars: | 2023-04-21 | by ( ) www.reuters.com time to read: +2 min

Data from Refinitiv Lipper showed investors sold equity funds worth $2.25 billion in the week, compared with a $215 million net purchase the previous week. Rate hike expectations also affected the bond market, as investors turned net sellers of global bond funds for the first time in five weeks. Investors withdrew $1.68 billion from government bond funds in their first weekly net selling in 10 weeks. Meanwhile, investors exited $89.35 billion worth of global money market funds after a seven-week buying spree. Data for 23,920 emerging market funds showed investors purchased $384 million worth of equity funds in a fourth week of net buying while securing $513 million worth of bond funds.

☆ U.S. money market funds draw inflows for fifth straight week
▼ + stars: | 2023-04-14 | by ( ) www.reuters.com time to read: +2 min

April 14 (Reuters) - U.S. money market funds received inflows for a fifth straight week after recent data pointed to a still-strong labor market, bolstering bets for a rate hike by the Federal Reserve in May. According to Refinitiv Lipper data, U.S. money market funds drew a net $20.51 billion worth of inflows in the week to April 12. Reuters Graphics Reuters GraphicsInvestors are favoring money market funds over bank deposits amid a rally in short-term interest rates, with the real interest rate turning positive by some measures, analysts said. The yield on the 3-month U.S. Treasury bill , in which money market funds invest the most, surged to a near 16-year high of 5.175% on Thursday. Reuters Graphics Reuters GraphicsMeanwhile, U.S. bond funds obtained $1.7 billion worth of inflows when compared with $8.97 billion worth of net buying in the previous week.

☆ Global money market funds see huge demand for a seventh straight week
▼ + stars: | 2023-04-14 | by ( ) www.reuters.com time to read: +2 min

Funds in the global money market drew a net $40.83 billion worth of inflows compared with a net $61.12 billion worth of purchases in the previous week, data from Refinitiv Lipper showed. The yield on the 3-month U.S. Treasury bill , in which money market funds invest the most, surged to near a 16-year high of 5.175% on Thursday. Reuters Graphics Reuters GraphicsGlobal bond funds saw inflows dipping to $3.43 billion in the week from $16.45 billion worth of net buying a week ago. Inflows in government bond funds slipped to a nine-week low of $2.33 billion, while high-yield funds faced outflows of $172 million. Data for 23,942 emerging market funds showed equity funds received a third weekly inflow, worth $227 million, while bond funds had $913 million worth of outflows after two weekly net purchases in a row.

☆ U.S. money market funds see fourth weekly inflow in a row
▼ + stars: | 2023-04-10 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Dado Ruvic/Illustration/File PhotoApril 10 (Reuters) - U.S. money market funds drew inflows for a fourth straight week on worries about an economic slowdown after data pointed to slowing production and a cooling labor market. According to Refinitiv Lipper data, U.S. money market funds obtained a net $42.51 billion worth of inflows in the week to April 5. Investors poured $2.81 billion into U.S. general domestic taxable fixed income funds and also received $2.44 billion worth of government bond funds in their eighth week of net buying in a row. Reuters GraphicsMeanwhile, U.S. equity funds recorded $10.34 billion worth of outflows, compared with net selling of $20.75 billion in the previous week. Among sector funds, they exited financial and healthcare funds of $1.2 billion and $694 million, respectively, but tech obtained $566 million worth of inflows.

☆ Global money market funds witness inflows for sixth straight week
▼ + stars: | 2023-04-10 | by ( ) www.reuters.com time to read: +2 min

Funds in the global money market saw purchases worth a net $61.91 billion, that marked a sixth consecutive week of net inflows, data from Refinitiv Lipper showed. Reuters Graphics Reuters GraphicsThe U.S., European and Asian money market funds obtained inflows worth $42.51 billion, $25.62 billion and $280 million, respectively. Reuters GraphicsMeanwhile, global bond funds drew $15.16 billion worth of inflows, the biggest amount since July 2021. Investors purchased $5.26 billion worth of high yield and $1.71 billion worth of target maturity bond funds, but sold $1.15 billion worth of short-term bond funds. Data for 23,935 emerging market funds showed equity and bond funds, both obtained a second weekly inflow, amounting $397 million and $412 million, respectively.

☆ Global money market funds draw massive inflows in week to March 15
▼ + stars: | 2023-03-17 | by ( ) www.reuters.com time to read: +2 min

March 17 (Reuters) - Global money market and government bond funds obtained massive weekly inflows as investors rushed to safer assets on fears of contagion from the collapse of three U.S. banks last week. Global money market funds drew $112.13 billion in the week to March 15, data from Refinitiv Lipper showed. Fund flows: Global equities, bonds and money marketInvestors pulled out $19.2 billion from global equity funds, in their biggest weekly net selling since the third week of December. Among equity sector funds, healthcare, industrials and metals & mining suffered $645 million, $613 million and $258 million worth of net selling, respectively. Data for 23,846 emerging market funds showed investors exited $1.23 billion worth of bond funds, and withdrew $1.37 billion out of equity funds after nine weeks of net purchases in a row.

Organizations: & $

Concerns have been heightened by the wild swings in market interest rates since the collapse of Silicon Valley Bank (SIVB.O) last week. Fund managers advise shunning high-yield bonds, despite their attractive yields, because of the risk these bonds could be hit by ratings downgrades, defaults and a squeeze in company earnings. Refinitiv Lipper data showed high-yield bond funds, after seeing an inflow of $7.63 billion in January, faced an outflow of $11.51 billion in February. Reuters GraphicsSo far this month, high-yield bond exchange-traded funds (ETFs) have seen a total outflow of $506 million. However, safer money market funds have attracted $28.76 billion, and government bond funds have seen an inflow of $15.52 billion since February.

☆ Global equity funds draw first weekly inflow in four weeks - Refinitiv data
▼ + stars: | 2023-03-10 | by ( ) www.reuters.com time to read: +2 min

March 10 (Reuters) - Global equity funds drew their first weekly inflow in four weeks in the seven days to March 8 after strong consumption boosted the service sector in some major economies, easing worries over a recession. Data from Refinitiv Lipper showed global equity funds obtained inflows worth a net $2.36 billion in the week to March 8, the most since Feb. 1. Fund flows: Global equity sector fundsGlobal bond funds attracted inflows for a 10th straight week as they received $5.72 billion net. Data for 23,826 emerging market funds showed equity funds secured a ninth weekly inflow worth $1.35 billion. Investors also purchased a net $367 million in bond funds after three weeks of net selling in a row.

☆ Global equity funds see biggest weekly outflow in two months
▼ + stars: | 2023-03-03 | by ( ) www.reuters.com time to read: +2 min

March 3 (Reuters) - Global equity funds suffered their biggest weekly net selling in two months in the seven days to March 1 as global stocks fell after strong U.S. economic data stoked fears about further rises in interest rates. Data from Refinitiv Lipper showed global equity funds saw a net $13 billion worth of outflows in the week to March 1, the biggest amount since Jan. 4. Fund flows: Global equity sector fundsMeanwhile, global bond funds accumulated $6.83 billion worth of inflows, compared with just $1.46 billion worth of net purchase in the previous week. Government bond funds attracted $4.38 billion and corporate bond funds secured $3.56 billion with outflows from high-yield funds easing to a three-week low of $1.74 billion. Data for 23,732 emerging market funds showed equity funds drew an eighth weekly inflow, worth $1.56 billion, but bond funds remained out of favour for the third week with $924 million in outflows.

Search resuls for: "Government Bond Fund"

25 mentions found