{"id":56964,"date":"2016-10-10T00:07:18","date_gmt":"2016-10-09T22:07:18","guid":{"rendered":"http:\/\/beta.next-finance.net\/news\/inflows-into-high-grade-funds-slow-down\/"},"modified":"2019-12-31T01:10:12","modified_gmt":"2019-12-31T00:10:12","slug":"inflows-into-high-grade-funds-slow-down","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/inflows-into-high-grade-funds-slow-down\/","title":{"rendered":"Inflows into high-grade funds slow down"},"content":{"rendered":"<p>According to BofA Merrill Lynch Global Research report, <strong>High grade<\/strong> funds recorded their 30th week of inflows. However the pace has been slowing down notably over the past couple of weeks. High yield funds flows remained positive for a second week; but again the inflows has been slowing down w-o-w. As shown in chart 13, inflows were coming exclusively from global HY funds while the US and European focused high yield funds recorded small outflows.<\/p>\n<blockquote><p><strong>Government bond<\/strong> funds flows strengthened w-o-w, to the strongest inflow in five weeks. Money market funds flows jumped back strongly into positive territory after a negative dip last week. The latest inflow was the largest in 13 weeks.<\/p><\/blockquote>\n<p><em>\u201c<strong>European equity funds<\/strong> recorded another outflow, the 35th in a row. Equity funds have suffered outflows of ~9% of AUM so far this year; however the pace of outflows has been decreasing slowly\u201d<\/em> says BofA Merrill Lynch Global Research report.<\/p>\n<p><strong>Chart 1: Flows into IG funds have been slowing down<\/strong><br \/>\n<a href=\"http:\/\/www.next-finance.net\/http:\/\/beta.next-finance.net\/wp-content\/uploads\/2016\/10\/chart_1_-_flows_into_ig_funds_have_been_slowing_down.jpg\"><img loading=\"lazy\" class=\" aligncenter size-full wp-image-56962\" src=\"IMG\/jpg\/chart_1_-_flows_into_ig_funds_have_been_slowing_down.jpg\" alt=\"chart_1_-_flows_into_ig_funds_have_been_slowing_down.jpg\" align=\"center\" width=\"610\" height=\"257\" \/><\/a><\/p>\n<p><strong>EM global<\/strong> debt funds continue to see strong inflows as the reach for yield trend remains in vogue. The asset class has seen 14 weeks of uninterrupted inflows; and the last two weekly flows were both in excess of $2bn. Commodity funds also recorded another weekly inflow, the sixth consecutive one, remaining on a positive trend.<\/p>\n<p><em>\u201cLooking at <strong>duration<\/strong>, inflows over the past week have been concentrated in the short-end and the belly part of the curve. Short-term IG funds recorded their seventh week of inflows. It was the second week of inflows for mid-term funds. On the other side, long-term funds recorded their third consecutive week of outflows\u201d<\/em> says BofA Merrill Lynch Global Research report.<div id='gallery-1' class='gallery galleryid-56964 gallery-columns-3 gallery-size-herald-lay-c1'><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a class=\"herald-popup\" href='http:\/\/beta.next-finance.net\/wp-content\/uploads\/2016\/10\/chart_1_-_flows_into_ig_funds_have_been_slowing_down.jpg'><img width=\"470\" height=\"257\" src=\"http:\/\/beta.next-finance.net\/wp-content\/uploads\/2016\/10\/chart_1_-_flows_into_ig_funds_have_been_slowing_down-470x257.jpg\" class=\"attachment-herald-lay-c1 size-herald-lay-c1\" alt=\"\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div><\/figure>\n\t\t<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>According to BofA Merrill Lynch Global Research report, fund flows data reveal that inflows into high-grade funds have slowed down over the past few weeks. Chart 1 indicates that the four-week average trend has decelerated to its lowest point since mid-July.<\/p>\n","protected":false},"author":20,"featured_media":56962,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1655,1651,1437,1662,1999],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/56964"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=56964"}],"version-history":[{"count":1,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/56964\/revisions"}],"predecessor-version":[{"id":56965,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/56964\/revisions\/56965"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/56962"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=56964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=56964"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=56964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}