Investors actively withdraw money out of US funds that specialize in invest-ments in foreign countries - on AMarkets materials.
Investors seek as soon as possible to "merge" the paper of Japan and Europe. On the players last week brought $ 2.2 billion of assets from the funds (data S & P Global Market Intelligence), focusing not on the US markets. $ 2.2. Investors expect that Japan and Europe will weaken. The dollar will be, on the contrary, to grow stronger.Therefore, dollar-denominated assets, in contrast, are beginning to be in demand. Despite the fact that the index MSCI ACWI index brought in this year, more than 6% of the profits, investors are in tension because of the uncertainty about whether the Fed to raise rates this year or not. Now a growing number of players start to bet on what the Fed did tighten monetary policy until the end of the year.
Interestingly, funds specializing in the domestic US market, also had a significant outflow of capital - minus $ 4.5 billion - a 3-week anti-record. In total, over the last week capital outflows from mutual investment funds and ETF was $ 6.6 billion - investors are actively were shifted out of stocks into bonds. We can say that now is the process of switching from shares to debt is the annual peak. In the first half of the year, $ 65 billion was taken out of the US ETF and mutual investment funds. The inflow into bond funds totaled $ 104 billion. And of course, do not think that investors tend to earn. Most likely, they are elementary conserve capital.