U.S. stocks, and the funds that invest in them, have been boosted by the pace of corporate buybacks as companies recycle their profits and money is being repatriated under the reformed tax code.
The market is now seeing a Goldilocks scenario—an investing environment that is neither “too hot” nor “too cold,” with sustained levels of growth that won’t cause inflation or trigger a recession.
The retreat from the world's largest social media network is one of the sharpest responses by investors to concerns about Facebook's handling of user data.
Emerging Markets Equity Funds recorded their biggest weekly outflow in over eight months with all four of the major regional groups experiencing net redemptions.
The technology sector bucked the trend, posting the largest inflows since March. Financials, on the other hand, posted the largest outflows, as yield curve flattens and investors take profits.
MSCI’s index changes, as well as Chinese regulators clamping down on capital flight and unregulated financial products, have investors looking anew at the country’s domestic equity funds.
