Money pours into high grade corporate funds

By Mike Turner
17 Aug 2020

Investment grade corporate funds are swimming against the tide of other assets and seeing a steady stream of money flowing in, as European syndicate bankers say that this will lead to excellent conditions when deal flow starts again after the summer break.

High grade funds had a 19th consecutive week of inflows up to August 14, according to Bank of America. 

Euro investment grade had the biggest weekly retail money inflow of the three major currencies, raking in €1.77bn of new money. Dollar inflows were second largest, with $1.16bn, while sterling ...

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