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☆ 2023 could end up a better year for markets, but it likely won't start off that way
▼ + stars: | 2022-12-31 | by ( Patti Domm | In | ) www.cnbc.com time to read: +12 min

As a very painful market year exits, Wall Street's strategists expect 2023 will end on a much better note —even if the path there continues to be highly volatile. I think the Fed will likely be overtightening the economy into this recession." So rates could rise before heading lower in the second half, and that environment will be better for stocks. Rieder said 2023 is going to a banner year for fixed income, and "not so much because it's going to be rates rallying so much," he said. "I think rates still have some upside," said Rieder.

☆ Clean-Energy Funding Stayed Strong in Weak Market
▼ + stars: | 2022-12-30 | by ( Amrith Ramkumar | ) www.wsj.com time to read: 1 min

Volatile markets and big selloffs for speculative stocks hardly slowed funding for clean-energy projects this year. Some investors are betting on a boost in 2023 as Washington’s climate and spending legislation kicks in. After a record-setting period for green finance, fundraising has slowed slightly but is still well ahead of levels from a few years ago. Big companies have raised about $1.15 trillion in green and sustainability-linked bonds and loans in 2022, down from 2021’s record of $1.3 trillion but more than double the 2019 and 2020 figures, Dealogic data show.

☆ 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.

☆ China funds with energy bets stand out in a bleak year
▼ + stars: | 2022-12-30 | by ( ) www.reuters.com time to read: +3 min

SHANGHAI, Dec 30 (Reuters) - Chinese fund managers who made big bets on energy companies are celebrating a year that was brutal for many of their peers. Huang Hai, who manages three funds for Wanjia Asset Management, far outperformed the market by wagering on energy stocks such as CNOOC , China Shenhua Energy (601088.SS) and Shaanxi Coal (601225.SS). Energy companies including Shaanxi Coal, Shanxi Lu'an Environmental Energy (601699.SS), Guanghui Energy (600256.SS) and Shenhua Energy are among her fund's top 10 holdings. A Chinese index fund that tracks the Dow Jones U.S. The Lion Oil and Gas Energy Equity Fund, which invests in global energy funds under China's outbound QDII scheme, delivered a return of 53% for domestic investors.

☆ Energy funds were among the biggest ETF winners in 2022 — but not exclusively
▼ + stars: | 2022-12-28 | by ( Jesse Pound | ) www.cnbc.com time to read: +2 min

In many cases, the energy funds didn't even need leverage to outperform, with plain vanilla sector funds seeing massive gains. The iShares MSCI Turkey ETF has surged in the second half of the year and has a total return of more than 100%. Even with the Turkey outlier, the list overall is still dominated by oil and gas funds, with the VanEck Oil Services ETF (OIH) generating a total return of 65%. The Advocate Rising Rate Hedge ETF (RRH) and FolioBeyond Rising Rates ETF (RISR) also did their job in buoying investors portfolios. On the inflows side, broad market funds from Vanguard and iShares were the big winners, as those two brands continued to dominate the ETF market.

☆ Analysis: Wood’s ARK slammed by higher interest rates in 2022 along with other growth funds
▼ + stars: | 2022-12-27 | by ( David Randall | ) www.reuters.com time to read: +4 min

The ARK Innovation Fund has lost around 67% year to date, more than tripling the decline of the S&P 500 index (.SPX). With the S&P 500 on pace for its biggest annual decline since the Great Financial Crisis, few funds are likely to escape 2022 unscathed. Wood's fund ranked 3,544 among all 3552 actively-managed U.S. equity mutual funds tracked by Morningstar. The worst performing fund of the year, by comparison, was the Voya Russia fund, which is down 92% for the year to date. CRASH LANDINGOther funds that soared in recent years on the backs of large bets on technology stocks fell on hard times in 2022.

☆ Oil funds and a Turkey ETF were 2022 market winners, but Russia and crypto tanked
▼ + stars: | 2022-12-27 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +4 min

New York CNN —Oil stocks skyrocketed in 2022, so it’s no surprise funds that track the energy sector were Wall Street winners this year. The iShares MSCI Turkey exchange-traded fund had more than doubled as of December 19, according to data from Morningstar Direct. The Turkish economy has slowed recently as unemployment has risen, but the instability has not hurt Turkish stocks. Other US and international oil funds and ETFs were also at the top of Morningstar Direct’s list. (Morningstar Direct provided CNN Business with a ranking of the best and worst mutual funds and ETFs for 2022, excluding so-called leveraged funds that make outsized bets on stock market indexes.)

WASHINGTON — It was a busy year for Congress, which passed a slew of consequential bills, most of which enjoyed support from both parties. As two years of full Democratic control come to an end, here are five of the most significant bills passed in 2022. The Electoral Count Reform Act will revise the 1887 Electoral Count Act to make clear the vice president cannot discount electoral votes. It’ll raise the threshold for objections from one member of each the House and Senate to one-fifth of both chambers. The legislation came about after the new 6-3 conservative majority on the Supreme Court voted last summer to overturn Roe v. Wade, prompting critics to fear that it could do the same to same-sex marriage rights.

☆ 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.

☆ Oil hedge funds' highs and lows as geopolitics cloud outlook
▼ + stars: | 2022-12-12 | by ( Nell Mackenzie | ) www.reuters.com time to read: +3 min

King says he avoided steep losses by trading commodities other than those attached to the oil price. Bumper performances at other oil funds have also been curtailed. Industry data suggests the performance of oil funds in 2022 was varied. Reuters Graphics Reuters GraphicsHedge funds that traded energy commodities using systematic - or computer-led - strategies show a narrower performance range. Among the top, Arion Investment Management's systematic energy fund is up 31% for the year so far.

☆ 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.

☆ Fund managers who have beaten 98% of their peers in 2022 share 9 'keeper stocks' they're betting on for 2023 — and the 3 market sectors they're overweight on
▼ + stars: | 2022-12-01 | by ( William Edwards | Lisa Kailai Han | ) www.businessinsider.com time to read: +5 min

On Wednesday, fund managers said they see value stocks continuing to outperform into 2023. Judging by their MSCI All-Country World Indexes, value stocks outperformed growth by the widest margin since 2001 in the year through September 30, according to GMO. Stocks that are cheaper relative to their fundamentals will remain strong performers in 2023, according to Ryan Kelley and Josh Wein. Even though energy stocks have experienced a sustained rally in the past few months, Kelley said that the sector still has more upside to offer investors. Over the next 12 months, the firm expects a "very strong" outperformance for energy stocks, especially from traditional names, said Ben Cook, portfolio manager for the Hennessy energy funds.

☆ 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.

☆ U.S. Vice President Harris announces $20 million new clean energy funding for Mekong region
▼ + stars: | 2022-11-20 | by ( Poppy Mcpherson | ) www.reuters.com time to read: +1 min

BANGKOK, Nov 20 (Reuters) - U.S Vice President Kamala Harris announced $20 million in new funding for clean energy projects in the Mekong region, during the last day of her tour of Thailand on Sunday following a regional summit. She spoke to civil society and business leaders in Bangkok after the close of a meeting of the 21-member APEC bloc a day earlier. "In particular we know that the climate crisis presents a real threat to the communities who depend on the Mekong River. In Thailand, in Vietnam, Laos." Reporting by Poppy McPherson; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

☆ US VP Harris announces $20 mln new clean energy funding for Mekong region
▼ + stars: | 2022-11-20 | by ( Poppy Mcpherson | ) www.reuters.com time to read: +1 min

☆ Here's what the midterm election results could mean for energy ETFs
▼ + stars: | 2022-11-09 | by ( Jesse Pound | ) www.cnbc.com time to read: +3 min

Energy has been a key political topic this year, with soaring oil prices leading to discussions about how to boost U.S. energy production. "Sector-focused policy changes would be even more limited under a divided Congress than under Republican control. That could be good news for the clean energy policies pushed in the Inflation Reduction Act, which included several provisions to boost green energy that some Republicans opposed. Some progressive lawmakers had resisted the idea, which could ease the process for approving new oil pipelines and green energy projects. Pipeline funds Tortoise North American Pipeline fund (TPYP) and Global X MPL & Energy Infrastructure ETF (MLPX) were outperforming traditional energy funds on Wednesday, but still lower as oil prices declined.

☆ 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.

☆ A Bill Gates fund invested $50 million in a startup that's building a massive refinery to turn alcohol into jet fuel
▼ + stars: | 2022-10-21 | by ( Stephen Jones | ) www.businessinsider.com time to read: +3 min

A Bill Gates fund invested $50 million in a startup making sustainable aviation fuel from ethanol. Sustainable aviation fuel is being explored by airlines as a way of making the industry more environmentally friendly. The Soperton facility, known as the Freedom Pines Fuel Plant, is set to begin production in 2023. LanzaJet said the plant would produce nine million gallons of sustainable aviation fuel, and one million gallons of renewable diesel, per year when fully-operational. The company said it will lower emissions by at least 70% compared with conventional aviation fuel.

☆ Stocks are giving some clues that there could be a Republican congressional sweep, Strategas says
▼ + stars: | 2022-10-15 | by ( Patti Domm | In | ) www.cnbc.com time to read: +7 min

At the same time, odds for a Republican sweep on Nov. 8 have risen. Individual solar and other renewable names are also down sharply, like First Solar, which is in the Strategas Democratic portfolio. Clifton said his portfolios are pointing to a 60% chance of a Republican sweep, while betting markets are at 50/50. Among the holdings in the Republican portfolio are companies that would benefit from distribution and transportation of oil and gas, like Enterprise Products Partners. "The market is increasingly pricing in a Republican sweep.

☆ Profits over politics: the case for anti-ESG ETFs
▼ + stars: | 2022-10-05 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +3 min

Proponents of environmental, social and governance (ESG) products say investors are pushing corporations to pay more attention to broader social issues. Others, such as Strive Asset Management, say companies should stick solely to earning profits. Strive has launched two ETFs to push back against "woke capitalism" in the industry. The U.S. Energy ETF (DRLL ) tracks the XLE energy ETF, with Exxon Mobil (XOM ), Chevron (CVX ) and Conoco Phillips (COP ) comprising the top holdings. "We've already engaged with 10 publicly traded energy companies," Ramaswamy said.

☆ How to thoughtfully incorporate ESG data into an investment strategy
▼ + stars: | 2022-10-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow to thoughtfully incorporate ESG data into an investment strategyVivek Ramaswamy, Strive Asset Management, and Arne Noack, DWS Group, join 'Halftime' to discuss ESG protocols, energy funds, and criticisms against ESG from both the left and right.

☆ Youth activist Jerome Foster is skipping the UN's climate conference in Egypt because of the country's record on LGBTQ rights
▼ + stars: | 2022-09-28 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

Jerome Foster is protesting the UN climate conference in Egypt, citing LGBTQ abusesThe young climate activist also advises the White House on environmental justice issues. Foster spoke to Insider as part of its Climate Heroes 2022 event. Foster spoke as part of an Insider event moderated by Catherine Boudreau, senior sustainability reporter. The event was part of Insider's series Climate Heroes 2022: Working Toward Solutions, which highlighted various leaders' efforts to address the climate crisis. "We shouldn't be scared to go to a climate conference, where we're trying to fight for the right for our planet, but putting our lives at risk just because we love someone," Foster said.

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