{"id":1654516,"date":"2022-09-23T07:50:15","date_gmt":"2022-09-23T11:50:15","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1654516"},"modified":"2022-09-23T07:51:16","modified_gmt":"2022-09-23T11:51:16","slug":"investors-dump-global-bond-and-equity-funds-in-the-week-ended-sep-21","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/investors-dump-global-bond-and-equity-funds-in-the-week-ended-sep-21\/","title":{"rendered":"Investors dump global bond and equity funds in the week ended Sep.21"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Finvestors-dump-global-bond-and-equity-funds-in-the-week-ended-sep-21%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1654516&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>(Reuters) \u2013     Investors withdrew money from global bond and equity funds in the week ended September 21, with caution creeping in ahead of the U.S. Federal Reserve meeting in which further rate hikes were expected to tame soaring inflation.<\/p>\n<p>Investors exited a net $7.32 billion of global bond funds, marking their biggest weekly net selling since Aug. 31, data from Refinitiv Lipper showed.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\">\n<\/div>\n<p>GRAPHIC: Fund flows: Global equities bonds and money market https:\/\/fingfx.thomsonreuters.com\/gfx\/mkt\/dwvkrxorjpm\/Fund%20flows-%20Global%20equities%20bonds%20and%20money%20market.jpg<\/p>\n<p>The Federal Reserve raised its benchmark rate by 75 basis points on Wednesday, the third such rise in a row, and officials project rates hitting 4.4% this year, which was 100 bps higher than what the Fed had projected three months ago.<\/p>\n<p>\u201cSooner or later bond yields will peak, though timing this precisely is difficult. The market is currently expecting the terminal US fed funds rate to be reached by around March-June 2023,\u201d said Bimal Patel, senior fund manager at Canada Life Asset Management.<\/p>\n<p>Global short- and medium-term bond funds saw their biggest weekly outflow in 11 weeks, amounting to a net $4.98 billion, while investors also exited a net $3.29 billion in high yield funds.<\/p>\n<p>GRAPHIC: Global bond fund flows in the week ended Sept. 21 https:\/\/fingfx.thomsonreuters.com\/gfx\/mkt\/lbpgnkqgovq\/Global%20bond%20fund%20flows%20in%20the%20week%20ended%20Sept%2021.jpg<\/p>\n<p>Meanwhile, global equity funds witnessed disposals worth $1.86 billion in a fifth straight week of net selling.<\/p>\n<p>Financials and consumer staples lost $1.55 billion and $687 million respectively in outflows, but utilities and tech both obtained about $300 million worth of inflows.<\/p>\n<p>\u201cEnergy, financials, and materials are still attractively valued when compared to the rest of the US equity market. Valuation multiples of these companies remains low, and they remain to be beneficiaries of the prolonged inflation and interest rate rising environment,\u201d said Eugene Barbaneagra, portfolio manager at SEI. <\/p>\n<p>GRAPHIC: Fund flows: Global equity sector funds https:\/\/fingfx.thomsonreuters.com\/gfx\/mkt\/zjpqkrxkopx\/Fund%20flows-%20Global%20equity%20sector%20funds.jpg<\/p>\n<p>On the other hand, safer money market funds attracted investor interest as they obtained a net $28.23 billion, the biggest weekly inflow since July 6.<\/p>\n<p>Data for commodities funds showed precious metal funds remained out of favour for a 13th week with net disposals worth $474 million. Investors also exited energy funds of $60 million.  <\/p>\n<p>An analysis of 24,559 emerging market funds showed investors sold $2.39 billion worth of equity funds, marking a 10th weekly outflow in a row,  while also exiting $2.78 billion worth of bond funds. <\/p>\n<p>GRAPHIC: Fund flows: EM equities and bonds https:\/\/fingfx.thomsonreuters.com\/gfx\/mkt\/xmpjoazoqvr\/Fund%20flows-%20EM%20equities%20and%20bonds.jpg<\/p>\n<p> (Reporting by Gaurav Dogra and Patturaja Murugaboopathy in Bengaluru)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/investors-dump-global-bond\/attachment\/saudi-riyal-yuan-turkish-lira-pound-u-s-dollar-euro-and\/\"><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/09\/tagreuters.com2022binary_LYNXMPEI8M0GD-BASEIMAGE.jpg\" alt=\"tagreuters.com2022binary_LYNXMPEI8M0GD-BASEIMAGE\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) \u2013 Investors withdrew money from global bond and equity funds in the week ended September 21, with caution creeping in ahead of the U.S. Federal Reserve meeting in which<\/p>\n","protected":false},"author":66,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1654516","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1654516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1654516"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1654516\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1654516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1654516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1654516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}