The investor withdrawal from emerging markets accelerated over the last week, with equity funds suffering their worst outflows in nearly a year and bond funds losing money for a third week running — the longest streak of withdrawals since late 2016.
Overseas investors are pumping billions of dollars into Chinese stocks and the country's asset managers are rushing to launch index-tracking funds in a fervent build-up to China's inclusion in MSCI's widely tracked equity benchmarks.
Eurozone investors have been the biggest overseas net buyers of US debt securities in the past half-decade, a trend that could reverse as the European Central Bank continues to tighten monetary policy, according to new research.
Wall Street tumbled on Friday with more than 1,000 points knocked off the Dow in two days as investors, increasingly nervous about a potential U.S. trade war with China, shied away from risk ahead of the weekend and sought shelter from further losses.
Corporate results for 2017’s final quarter will start pouring in next week and are expected to be laden with one-time charges as US companies begin to cope with tax code changes, including a one-time tax on trillions of dollars in profits held overseas.
Wall Street’s top regulator came under fire on Thursday over its cyber security and disclosure practices after admitting hackers had breached its database of corporate announcements in 2016 and may have used it for insider trading.
Rachel Golder, Goldman Sachs Asset Management's co-head of high yield and bank loans, Brian Rehling, Wells Fargo's co-head of global fixed-income strategy, and Craig Bishop, RBC Wealth Management fixed-income strategist, discuss their investment strategies with Bloomberg's Mike McKee and Scarlet Fu on "Bloomberg Real Yield."