Latest news with #LSEG
Yahoo
a day ago
- Business
- Yahoo
US equity funds suffer sixth weekly outflows in a row
(Reuters) -U.S. equity funds suffered outflows for a sixth straight week through June 25 as investors took profits near record highs and stayed on edge ahead of key growth and inflation data. According to LSEG Lipper data, investors withdrew a net $20.48 billion from U.S. equity funds during the week, posting their largest weekly net sales since March 19. The S&P 500 index has gained approximately 2.9% so far this week and is hovering near a record 6147.43 hit on February 19, as a ceasefire between Israel and Iran bolstered sentiment. Investors ditched U.S. multi-cap, small-cap and mid-cap funds worth $5.65 billion, $2.34 billion and $1.39 billion, respectively during the week. Large-cap funds, however, saw a net $1.3 billion in weekly purchases. U.S. sectoral funds logged a net $1.98 billion weekly outflow following four weeks of net inflows. The tech, gold and precious metals equity sectoral funds saw $1.8 billion and $443 million worth of weekly net disposals. Money market funds, meanwhile, witnessed renewed buying interest following two weeks of outflows as they received about $10.95 billion in net investments. U.S. bond funds saw the strongest buying interest in four weeks as investors added a net $6.83 billion in weekly inflows to these funds. The general domestic taxable fixed income funds, short-to-intermediate investment-grade funds and inflation-protected funds stood out with $1.55 billion, $1.18 billion and $680 million, respectively, in net purchases. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
a day ago
- Business
- Reuters
US equity funds suffer sixth weekly outflows in a row
June 27 (Reuters) - U.S. equity funds suffered outflows for a sixth straight week through June 25 as investors took profits near record highs and stayed on edge ahead of key growth and inflation data. According to LSEG Lipper data, investors withdrew a net $20.48 billion from U.S. equity funds during the week, posting their largest weekly net sales since March 19. The S&P 500 index (.SPX), opens new tab has gained approximately 2.9% so far this week and is hovering near a record 6147.43 hit on February 19, as a ceasefire between Israel and Iran bolstered sentiment. Investors ditched U.S. multi-cap, small-cap and mid-cap funds worth $5.65 billion, $2.34 billion and $1.39 billion, respectively during the week. Large-cap funds, however, saw a net $1.3 billion in weekly purchases. U.S. sectoral funds logged a net $1.98 billion weekly outflow following four weeks of net inflows. The tech, gold and precious metals equity sectoral funds saw $1.8 billion and $443 million worth of weekly net disposals. Money market funds, meanwhile, witnessed renewed buying interest following two weeks of outflows as they received about $10.95 billion in net investments. U.S. bond funds saw the strongest buying interest in four weeks as investors added a net $6.83 billion in weekly inflows to these funds. The general domestic taxable fixed income funds, short-to-intermediate investment-grade funds and inflation-protected funds stood out with $1.55 billion, $1.18 billion and $680 million, respectively, in net purchases.
Yahoo
a day ago
- Business
- Yahoo
Global equity funds see outflows for second straight week
(Reuters) -Global equity funds saw money outflows for a second straight week in the seven days to June 25 as investors booked profits near record market highs and turned cautious ahead of key U.S. economic output and inflation reports. Investors divested a net $20.87 billion worth of global equity funds during the week, the most for a week since March 19, data from LSEG Lipper showed. The MSCI World Index reached 911.56 on Friday, hitting a new record for the fourth successive day on optimism over a ceasefire between Israel and Iran. U.S. equity funds saw a net $20.48 billion worth of outflows, the largest weekly withdrawal in three months. European funds also registered a net $2.61 billion worth of outflows, while Asian funds attracted about $857 million, the first weekly inflow in three weeks. The global sectoral funds segment saw about $2.56 billion in net outflows during the week, with investors ending four weeks of buying. They withdrew a net $2.67 billion from the technology sector, the most since March 12. In contrast, the industrial sector attracted a net $1 billion, the 11th weekly inflow in a row. At the same time, demand for debt funds cooled to a nine-week low, with inflows at a net $4.69 billion during the week. Investors hunted for yield as they pumped $4.45 billion into high-yield bond funds, the most for a week since October 2024. Global money market funds saw a third consecutive week of outflows as a net $10.62 billion was withdrawn. Gold and precious metals commodity funds attracted money for a fifth successive week, with a net $1.67 billion of inflows. The energy segment also saw a net $375 million of inflows. In emerging markets, bond funds attracted $2.67 billion in a ninth consecutive week of net inflows. Equity funds, however, saw a net $1.11 billion of outflows, data for a combined 29,677 funds showed. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
a day ago
- Business
- Reuters
Global equity funds see outflows for second straight week
June 27 (Reuters) - Global equity funds saw money outflows for a second straight week in the seven days to June 25 as investors booked profits near record market highs and turned cautious ahead of key U.S. economic output and inflation reports. Investors divested a net $20.87 billion worth of global equity funds during the week, the most for a week since March 19, data from LSEG Lipper showed. The MSCI World Index (.MIWD00000PUS), opens new tab reached 911.56 on Friday, hitting a new record for the fourth successive day on optimism over a ceasefire between Israel and Iran. U.S. equity funds saw a net $20.48 billion worth of outflows, the largest weekly withdrawal in three months. European funds also registered a net $2.61 billion worth of outflows, while Asian funds attracted about $857 million, the first weekly inflow in three weeks. The global sectoral funds segment saw about $2.56 billion in net outflows during the week, with investors ending four weeks of buying. They withdrew a net $2.67 billion from the technology sector, the most since March 12. In contrast, the industrial sector attracted a net $1 billion, the 11th weekly inflow in a row. At the same time, demand for debt funds cooled to a nine-week low, with inflows at a net $4.69 billion during the week. Investors hunted for yield as they pumped $4.45 billion into high-yield bond funds, the most for a week since October 2024. Global money market funds saw a third consecutive week of outflows as a net $10.62 billion was withdrawn. Gold and precious metals commodity funds attracted money for a fifth successive week, with a net $1.67 billion of inflows. The energy segment also saw a net $375 million of inflows. In emerging markets, bond funds attracted $2.67 billion in a ninth consecutive week of net inflows. Equity funds, however, saw a net $1.11 billion of outflows, data for a combined 29,677 funds showed.
CNA
a day ago
- Business
- CNA
Global equity funds see outflows for second straight week
Global equity funds saw money outflows for a second straight week in the seven days to June 25 as investors booked profits near record market highs and turned cautious ahead of key U.S. economic output and inflation reports. Investors divested a net $20.87 billion worth of global equity funds during the week, the most for a week since March 19, data from LSEG Lipper showed. The MSCI World Index reached 911.56 on Friday, hitting a new record for the fourth successive day on optimism over a ceasefire between Israel and Iran. U.S. equity funds saw a net $20.48 billion worth of outflows, the largest weekly withdrawal in three months. European funds also registered a net $2.61 billion worth of outflows, while Asian funds attracted about $857 million, the first weekly inflow in three weeks. The global sectoral funds segment saw about $2.56 billion in net outflows during the week, with investors ending four weeks of buying. They withdrew a net $2.67 billion from the technology sector, the most since March 12. In contrast, the industrial sector attracted a net $1 billion, the 11th weekly inflow in a row. At the same time, demand for debt funds cooled to a nine-week low, with inflows at a net $4.69 billion during the week. Investors hunted for yield as they pumped $4.45 billion into high-yield bond funds, the most for a week since October 2024. Global money market funds saw a third consecutive week of outflows as a net $10.62 billion was withdrawn. Gold and precious metals commodity funds attracted money for a fifth successive week, with a net $1.67 billion of inflows. The energy segment also saw a net $375 million of inflows. In emerging markets, bond funds attracted $2.67 billion in a ninth consecutive week of net inflows. Equity funds, however, saw a net $1.11 billion of outflows, data for a combined 29,677 funds showed.
