U.S. fiscal policy, European monetary policy and an aging bull market pushed them to energy, utilities and commodities (primarily gold).
Even emerging markets bond funds took in money for the third straight week.
Jeffrey Sherman, Gundlach’s No. 2, is the front man for DoubleLine’s biggest equity fund, its top asset gatherer of late.
The new Voya Select Advantage Advisory IRA is a mutual fund custodial account, and clients can get access through a financial advisor—affiliated with Voya or not.
Bond Funds saw 22nd week in a row of inflows, but they were the smallest since mid-March.
Investors largely reverse flows from the prior week but interest perked for telecoms and industrials
Summertime fervor continued into the normally sleepy month of August
Net outflows in emerging market equities was expected, but funds in China were the surprise losers.
Issues of U.S.–North Korea relations cause break in longest inflow streaks since 2013.