June 6, 2019 / 9:47 PM / 17 days ago

UPDATE 1-Investors piled into U.S. Treasuries, money-market funds amid trade tensions -Lipper

 (Adds details on flows, table)
    By Jennifer Ablan
    June 6 (Reuters) - Investors' aversion to risk-taking
intensified in the latest week, stemming from trade tensions
between the United States and China as well as Mexico, with
U.S.-based domestic equities funds posting $10 billion of cash
withdrawals, according to Refinitiv's Lipper research service on
Thursday.
    It was the group's second consecutive week of cash outflows,
with a four-week moving average now at negative $9 billion,
Lipper data showed. 
    U.S.-based, high-yield junk bond funds, which move in
sympathy with equity markets, posted cash withdrawals of over
$3.2 billion in the week ended Wednesday, their second straight
week of outflows.   
    Investors sought shelter in money market and Treasury funds.
    U.S.-based money-market funds attracted about $5.9 billion
of inflows in the latest week, extending their weekly inflow
streak since the middle of April. U.S.-based government-Treasury
bond funds attracted more than $6.77 billion of inflows in the
week, their fourth straight week of inflows, Lipper said.
    The following is a broad breakdown of the flows for the
week, including mutual funds and exchange-traded funds:
    
 Sector              Flow        Pct of    Assets         Count
                     Change      Assets    ($ blns)       
                     ($ blns)                             
 All Equity Funds    -12.215     -0.18     7,018.822      11,801
 Domestic Equities   -10.003     -0.20     5,006.597      8,406
 Non-Domestic        -2.212      -0.11     2,012.225      3,395
 Equities                                                 
 All Taxable Bond    4.932       0.17      2,896.905      5,845
 Funds                                                    
 All Money Market    5.868       0.19      3,030.899      1,014
 Funds                                                    
 All Municipal Bond  0.793       0.17      469.351        1,349
 Funds                                                    
 
 (Reporting by Jennifer Ablan
Editing by Leslie Adler)
  
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below