Investor sentiment on U.S. growth and value stocks amid rate cut expectations, U.S. equity funds and Federal Reserve outflows, Thai stocks, global exchanges, Asian stocks, foreign inflows, US rate outlook, tech rally

Version 0.23 (2024-07-05 11:56:13.342000)

updates: Investors poured billions into global equity and bond funds last week, spurred by weakening US economic data and dovish remarks from Fed Chair Jerome Powell. Hopes for US rate cuts surged after weak manufacturing and services data, along with softer inflation figures. Global equity funds saw inflows of $15.41 billion, primarily from US ($8.62 billion), European ($3.81 billion), and Asian ($2.34 billion) investments. The technology sector led with $810 million, marking its fourth consecutive week of gains. Bond funds attracted $12.18 billion, continuing a 28-week streak, with corporate ($1.99 billion) and government bond funds ($1.98 billion) seeing strong investments. The strong inflows into equity and bond funds indicate heightened investor optimism, but also cautious sentiment as evidenced by the substantial $50.6 billion moved into money market funds for safety. The preference for equities, particularly in technology and financial sectors, alongside robust bond fund investments, highlights a shift in economic strategies. Emerging markets saw mixed results, with equity funds attracting $288 million, but bond funds facing $1.35 billion in outflows.

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Version 0.22 (2024-07-04 08:53:48.388000)

updates: Foreign investors pour billions into Asian stocks on US rate outlook and tech rally

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Version 0.21 (2024-06-24 04:55:45.196000)

updates: Thai stocks recorded major outflows, with nearly 10 billion baht pulled out of mutual fund investment in Thai stocks. Large-cap stock funds in Thailand returned an average of -3.54% this year. Investors turned to global exchanges, including the US, India, Vietnam, and China. Indian equity funds had a net inflow of 2 billion baht in March, the highest since September 2017. China's stock market is showing signs of improvement, with Chinese stock funds having a net inflow of roughly 1.5 billion baht in May. Vietnam's stock funds recorded a return of 13.1% this year. Technology stocks generated the highest average return of 25% over the past year. Technology equity funds had a net inflow of 2.5 billion baht this year.

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Version 0.2 (2024-06-23 23:54:39.925000)

updates: Inclusion of information on Thai stocks and global exchanges

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Version 0.19 (2024-06-14 12:57:01.661000)

updates: Added information on U.S. equity funds experiencing largest weekly outflow in 18 months

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Version 0.18 (2024-06-14 07:54:20.322000)

updates: Investors shift from U.S. value stocks to growth stocks

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Version 0.17 (2024-05-24 12:53:48.206000)

updates: New information on massive inflows into US equity funds

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Version 0.16 (2024-05-17 11:52:30.041000)

updates: Global equity funds experienced strong demand for the third consecutive week, bolstered by a softer U.S. jobs report and lower-than-expected inflation figures. Investors purchased a net $10.27 billion worth of global equity funds during the week after about $12.54 billion worth of net purchases a week ago. U.S. equity funds secured a substantial $5.78 billion, the largest weekly inflow in eight weeks. European and Asian funds, meanwhile, drew $3.22 billion and $1.37 billion, respectively, in inflows. Among sectoral funds, the industrial sector accumulated about $732 million, the largest weekly inflow in seven weeks. Financials and utilities also added $412 million and $348 million, respectively, while tech witnessed a second weekly outflow, worth about $755 million. Global bond funds received about $5.58 billion worth of inflows, compared with about $13.41 worth of net purchases in the prior week. Government bond funds led the way as investors poured about $1.78 billion, the highest in seven weeks. High-yield funds also lured $1.26 billion in inflows, while dollar-denominated medium-term bond funds faced outflows of about $986 million. Money market funds saw a net $20.42 billion worth of outgo, the first in three weeks. Precious metal funds gained $234 million, their first weekly inflow in three. Energy funds faced about $74 million worth of net selling. Emerging market funds showed a robust $1.53 billion worth of net purchase in equities, the largest for a week since Dec. 27. Bond funds also attracted about $134 million, snapping a four-week-long selling streak.

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Version 0.15 (2024-05-10 14:55:32.185000)

updates: US equity funds gain weekly inflows amid renewed hopes of rate cut

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Version 0.14 (2024-05-09 05:54:47.895000)

updates: Investors shifting away from US equity funds due to high rates and backlash against sustainable investing

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Version 0.13 (2024-05-03 18:55:34.368000)

updates: ESG fund managers in the US experienced worst quarterly outflows

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Version 0.12 (2024-04-26 03:53:41.285000)

updates: ESG fund managers in the US experienced worst quarterly outflows

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Version 0.11 (2024-04-26 01:56:35.092000)

updates: ESG fund managers in US see worst quarterly outflows

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Version 0.1 (2024-04-22 02:23:03.569000)

updates: Foreign outflow on Bursa Malaysia hits highest level since 2020 lockdown

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Version 0.09 (2024-04-19 16:18:59.737000)

updates: Investors offloaded a net $21.15 billion worth of US equity funds in the seven days to April 17, the most in a week since Dec. 21, 2022. This comes as investors anticipate prolonged restrictive interest rates amid stubborn inflation in a resilient US economy. US large-cap equity funds suffered $11.59 billion worth of net selling, the biggest outflow in a week since Feb. 7. Small-, multi-, and mid-cap funds also saw net disposals of $2.71 billion, $2.13 billion, and $526 million, respectively. U.S. investors offloaded consumer discretionary, healthcare, and gold & precious metal funds worth a net $701 million, $651 million, and $447 million, respectively, but purchased around a net $281 million worth of financial sector funds. U.S. bond funds recorded a weekly outflow of $3.83 billion, the largest net selling since mid-December. Money market funds saw $118.1 billion worth of net selling, the biggest weekly outflow since at least July 2020.

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Version 0.08 (2024-04-19 13:20:09.376000)

updates: Investors sold a net $21.15 billion worth of US equity funds in a week

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Version 0.07 (2024-03-22 10:23:29.433000)

updates: The story now includes projections for US equity demand in 2024

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Version 0.06 (2024-03-01 20:49:55.240000)

updates: Inflows into tech stocks and cryptocurrencies; Global equity funds receive significant inflows

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Version 0.05 (2024-03-01 08:20:14.443000)

updates: Investors pouring cash into tech stocks and cryptocurrencies

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Version 0.04 (2024-01-12 07:29:43.307000)

updates: Investors shifting to US money market funds

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Version 0.03 (2024-01-05 12:20:53.986000)