International Equities To Remain Strong, Says GS
According to a report released by Goldman Sachs (NYSE: GS), Bond fund inflows are expected to decrease by $5.5 Bn. However, Bond fund flows were strong at $10.1 Bn for the week of 18/11. This figure was up from $8.9 Bn cash inflow for the week of 11/11.
Similarly, equity flows were positive at $ 963 Mn for the week of 11/18 in comparison to the outflow of $1,253 Mn for the preceding week. However, for the current week, cash flows are expected to turn negative again at the figure of $752 Mn.
MMF flow is also expected to remain negative at $7.8 Bn for the current week of 11/25. This figure too shows a downtrend from the positive flows of $2.6 Bn recorded in the previous week ending 11/18. Fixed income performance recorded a 0.3% improvement in comparison to 0.6% growth shown by Barclays Aggregate Bond Index.
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Posted-In: Global Economics Markets Analyst Ratings