Investment Grade Weekly
CAM Investment Grade Weekly Insights
Trade concerns continued to weigh on debt and equity markets throughout the week. Spreads on the Bloomberg Barclays Corporate Index are 7 wider on the week as we go to print on Monday. A deluge of corporate bond supply in the primary market has certainly helped to push spreads wider. On Monday, Bayer printed a […]
CAM Investment Grade Weekly Insights
There was no shortage of news in the market this week with political, economic and monetary policy events. To top it off, on Friday morning we learned that the U.S. and China are now officially in the early innings of a potential trade war, which has pushed the debt and equity markets firmly into risk-off […]
CAM Investment Grade Weekly Insights
Fund Flows & Issuance: According to Wells Fargo, IG fund flows for the week of May 10-May 16 accelerated from prior weeks, with a positive inflow of $3.5 billion. Short duration funds have registered 80% of all inflows over the past four weeks, according to Wells. IG funds have garnered $65.764 billion in net inflows […]
CAM Investment Grade Weekly Insights
Fund Flows & Issuance: According to Wells Fargo, IG fund flows for the week of May 3-May 9 were positive, with an inflow of $912 million. According to data analyzed by Wells Fargo, IG funds have garnered $60.031 billion in net inflows YTD. According to Bloomberg, $44.039bn in new corporate debt priced during the week. […]
CAM Investment Grade Weekly Insights
Fund Flows & Issuance: According to Wells Fargo, IG fund flows for the week of April 26-May 2 were positive, with an inflow of $2.6 billion. According to data analyzed by Wells Fargo, IG funds have garnered $59.1 billion in net inflows YTD. According to Bloomberg, $21.775bn in new corporate debt priced during the week. […]
CAM Investment Grade Weekly Insights
Fund Flows & Issuance: According to Wells Fargo, IG fund flows for the week of April 19-April 25 were positive, with an inflow of $3.5bn, driven primarily by ETFs, which posted their largest net inflow in over a year. According to data analyzed by Wells Fargo, IG funds have garnered $56.4 billion in net inflows […]
CAM Investment Grade Weekly Insights
Fund Flows & Issuance: According to Wells Fargo, IG fund flows for the week of April 12-April 18 were negative, posting an outflow of $1.2bn. According to data analyzed by Wells Fargo, IG funds have garnered $53 billion in net inflows YTD, which is less than half the amount of net inflows recorded in the […]
CAM Investment Grade Weekly Insights
Fund Flows & Issuance: According to Wells Fargo, IG fund flows for the week of March 15-March 21 were a positive $167 million, though flows have slowed now for four consecutive weeks. The data analyzed by wells shows that longer duration funds are gathering flows at the expense of shorter duration funds. This is in […]
Investment Grade Weekly 03/09/2018
Fund Flows & Issuance: According to Wells Fargo, IG fund flows for the week of March 1-March 7 were a positive $577 million. This is in contrast to Lipper data, where IG saw its second outflow YTD with an exodus of $740 million from IG funds. HY outflows continue, and now there have been 8 consecutive […]
Investment Grade Weekly 02/12/2018
Fund Flows & Issuance: According to Wells Fargo, IG fund flows for the week of February 1-February 7 were $4.0 billion. While IG flows remain resilient, the front end of the curve has benefitted at the expense of longer duration flows with $3.7 billion this week going to intermediate funds and $1.4 billion going to short […]