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《汇丰银行-gems funds flows flows to em funds accelerate despite looming fomc meeting-20170609-hsbc》由会员上传分享,免费在线阅读,更多相关内容在行业资料-天天文库。
1、GEMsfundsflowsMULTI-ASSETGLOBALEMERGINGMARKETSFlowstoEMfundsacceleratedespiteloomingFOMCmeetingLargerflowstoEMcomparedtoDMfundsfortwelveweeksLastweek’sequityflowsBertrandDelgadoInvestors’preferenceforEMoverDMfundspersistedforatwelfthweekasa%ofAUM,intheDirecto
2、r,SeniorEMStrategistUSDbn%AuMHSBCSecurities(USA)Inc.weekended7June.AmongEMbondfunds,Colombia,BrazilandMexicoattractedmostbertrand.j.delgado@us.hsbc.comEMEAtotal+2125250745inflowsinUSDterms,whileColombiaandfrontiermarketsledin%ofAUM.WithinEMequityfunds,S.Korea
3、,IndiaandBrazilfundsgrabbedthemost,inUSDterms,whereasPoland,Lat-AmtotalKishoreMuktinutalapati*EquityStrategistArgentinaandfrontiermarketssawlargestinflowsin%AUM.StrongETFandinstitutionalHSBCSecurities&CapitalMarketsIndiapvt.Ltd.fundsflowssupportedEMbonds,main
4、lyEXDfunds,aswellasequityfunds(p.13).InDM,USAxJtotalkishoremuktinutalapati@hsbc.co.in+918045552756andGlobalfundsledgainsamongbondfunds,whilelargeredemptionsfromUSandJapanGEMsJohnLomax*fundsdraggeddownequityfunds.HeadofGlobalEmergingMarketEquityStrategyHSBCBan
5、kplcHSBC’searlysignallingsystempointstoimprovingdemandforEMfunds(p.14).Likewise,EMEMtotaljohn.lomax@hsbcib.com+442079923712fundflowsmomentum(p.5)anddispersionindicators(p.8)showsimilardynamics.Meanwhile,-0.50.00.51.01.5-0.20.00.20.4dailyfinancialaccountportfo
6、lioflowsshowsolidinflowstobonds(sevencountries),mainlyIndia,Issuerofreport:Source:EPFRGlobal,HSBCHSBCSecurities(USA)Inc.S.Korea,IndonesiaandS.Africa,butoutflowsfromequities(eightcountries),mostlyS.AfricaandIndia(p.15).Lastweek’sbondflowsPublished:Onbenchmarks
7、performance,EMequitiesadded1.1%w/w(17.8%y-t-d),drivenbyMexico,USDbn%AUM09June2017PhilippinesandColombia.LCDgained0.9%w/w(10.8%y-t-d),onEMFX(0.5%w/w;2.6%y-t-d),EMtotal*Employedbyanon-USaffiliateofHSBCSecurities(USA)Inc,mainlyMXN,ZARandCOP.EMCorpgrew0.2%w/w(5.6
8、%y-t-d),mainlyduetoIG(0.3%w/w;ByCurrencyandisnotregistered/qualifiedpursuanttoFINRAregulationsLocal5.4%y-t-d).EXDadded0.6%w/w(7%y-t-d),ledbygainsinColombia,MexicoandPeru.HardViewHSBCGloba