BoA: Cash Levels Show Market Sentiment Remains Subdued

Even though equity markets around the world continue to march higher, and show no signs of slowing down anytime soon, it seems investors would still instead invest in bonds. According to the latest issue of Bank of America’s Flow Show Report, during the first week of January, investors withdrew $4.5 billion from equity funds ($3.9 billion… Please follow and like us:

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Massive Inflows into Global Bond Funds

Europe Bond Funds see record inflows At the end of May, Barron’s reported that according to EPFR the Boston-based fund monitor, the collective performance of EPFR Global-tracked Bond Funds is running at around a quarter of the number turned in by Equity Funds. However, it seems investors are gradually trying to correct this imbalance. For the… Please follow and like us:

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It was the best of times, it was the worst of times

It was the best of times, it was the worst of times – Charles Dickens penned so many years ago. Well, for active managers this appears to be the worst of times based on the S&P SPIVA reports and fund flows. For all U.S. domestic equity funds, 92.9% have been outperformed by the index over the… Please follow and like us:

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The Rise Of Passive And Indexed-Based Investing, And Its Effect On Market And Liquidity Risk

The most profound developments in the investment markets in the last 20 years have been the growth of indexed-based investing and the move to passive fund management. Though the assets of mutual funds have increased three-fold in the last 17 years, the assets of exchange traded funds (ETFs), funds that are typically indexed, have grown 130-fold.… Please follow and like us:

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