HSBC: Global Equity Fund Outflows Highest On Record

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Rupert Hargreaves
Published on
Updated on

The outflow from global equity funds during the first half of 2016 is the highest on record according to a Global Equity Strategy research note published by HSBC earlier this week.

Concerns about the state of the global economy, market volatility and the prospect of Brexit have all weighed on investor sentiment so far this year driving money towards safe-haven US bonds.

European Hedge Funds Hit Amid Brexit Volatility

Sentiment has become so weak since Brexit that in Europe, funds registered the fourth highest weekly outflow in nine years for the week ending June 29. According to HSBC’s data, the three...

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk