Lipper-FMI fund flow data - Week ended on December 5
Fund flows showed more cautious mood of investors probably on the back of uncertainties linked to US-China trade deal negotiations . If US IG enjoyed more inflows (at + $ 2 .2bn), US HY resumed outflows (- $ 0 . 2 bn ) after two weeks of in flows. Surprisingly, US-based equity funds drew $ 4.3 bn after a month of outflows, while m oney market funds saw a second week of strong inflows (at + $ 22 . 4 bn ). Mean while , leveraged loan funds kept on with an uninterrupted 11 -weeks strike of outflows with -$0. 3 bn and e merging market debt went out of investors’ favour for a second week in a row with $ 0. 2bn of outflows .