{"id":5084,"date":"2023-04-10T12:44:23","date_gmt":"2023-04-10T12:44:23","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/global-money-market-funds\/"},"modified":"2023-04-10T12:46:13","modified_gmt":"2023-04-10T12:46:13","slug":"global-money-market-funds","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/global-money-market-funds\/","title":{"rendered":"Global money market funds witness inflows for sixth straight week"},"content":{"rendered":"<p>(Reuters) &#8211;     Global money market funds continued to attract strong inflows in cautious trade in the week ended April 5 as a raft of economic data during the week signalled weakening in the U.S. manufacturing activity and a cooling in the labor market.<\/p>\n<p>Funds in the global money market saw purchases worth a net $61.91 billion, that marked a sixth consecutive week of net inflows, data from Refinitiv Lipper showed. Investors also purchased a net $3.38 billion worth of government bond funds.<\/p>\n<p \/>\n<p>Fund flows: Global equities, bonds and money markets, https:\/\/www.reuters.com\/graphics\/GLOBAL-FLOWS\/GLOBAL-FLOWS\/gdpzqmloqvw\/chart.png<\/p>\n<p \/>\n<p>The U.S., European and Asian money market funds obtained inflows worth $42.51 billion, $25.62 billion and $280 million, respectively.<\/p>\n<p>Riskier equity funds, meanwhile, witnessed $8.37 billion worth of outflows after $17.99 billion net selling in the previous week.<\/p>\n<p>Financials and healthcare sector funds logged outflows of $1.54 billion and $979 million, respectively, although tech received $616 million worth of inflows.<\/p>\n<p \/>\n<p>Fund flows: Global equity sectors, https:\/\/www.reuters.com\/graphics\/GLOBAL-FLOWS\/GLOBAL-FLOWS\/lbpggleawpq\/chart.png<\/p>\n<p \/>\n<p>Meanwhile, global bond funds drew $15.16 billion worth of inflows, the biggest amount since July 2021.<\/p>\n<p>Investors purchased $5.26 billion worth of high yield and $1.71 billion worth of target maturity bond funds, but sold $1.15 billion worth of short-term bond funds.<\/p>\n<p \/>\n<p>Global bond fund flows in the week ended April 5, https:\/\/www.reuters.com\/graphics\/GLOBAL-FUNDS\/GLOBAL-FUNDS\/akveqelmqvr\/chart.png<\/p>\n<p \/>\n<p>Among commodities, precious metal funds received $685 million in a fourth successive week of net buying, while energy funds saw a marginal $68 million worth of net selling after two weeks of inflows in a row.<\/p>\n<p>Data for 23,935 emerging market funds showed equity and bond funds, both obtained a second weekly inflow, amounting $397 million and $412 million, respectively.<\/p>\n<p \/>\n<p>Fund flows: EM equities and bonds, https:\/\/www.reuters.com\/graphics\/GLOBAL-FLOWS\/GLOBAL-FLOWS\/klvygnywlvg\/chart.png<\/p>\n<p \/>\n<p \/>\n<p> (Reporting by Gaurav Dogra and Patturaja Murugaboopathy in Bengaluru; Editing by Sherry Jacob-Phillips)<\/p>\n<p><a href=\"http:\/\/lynettelockhart.com\/client\/global-money-market-funds\/traders-work-on-the-floor-of-the-nyse-in-new-4\/\"><img decoding=\"async\" src=\"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ390BE-VIEWIMAGE.jpg\" alt=\"tagreuters.com2023binary_LYNXMPEJ390BE-VIEWIMAGE\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; Global money market funds continued to attract strong inflows in cautious trade in the week ended April 5 as a raft of economic data during the week signalled weakening in the U.S. manufacturing activity and a cooling in the labor market. Funds in the global money market saw purchases worth a net $61.91 [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":5085,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1213],"tags":[],"class_list":["post-5084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-business"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ390BE-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/5084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=5084"}],"version-history":[{"count":1,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/5084\/revisions"}],"predecessor-version":[{"id":5086,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/5084\/revisions\/5086"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/5085"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=5084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=5084"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=5084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}