While global equity ETFs continue to draw big inflows despite steep losses over the first five trading days of February, there is no such optimism among investors for U.S. equity ETFs.
Fund flows are sending encouraging short-term signals, says TrimTabs CEO David Santschi, though the quarterly volume of corporate buybacks, highly correlated with the S&P 500, has dropped to the lowest level in eight...
European equity ETF inflows abruptly slowed to less than 1 percent of assets in the wake of ECB head Mario Draghi’s hint at a reduction in stimulus. Buying interest has shifted to emerging-market equities.
As equity markets continue setting new highs, corporate insiders sold off $9.6 billion worth of stock in May, the highest level of insider selling in six years.
Investors are pivoting away from U.S. and toward global equity funds, which took in $26.7 billion in May. European equity inflows are near a two-year high.