Sunday, April 27, 2025

Amundi Says Clients Are 'Massively' Repositioning Into EU

Amundi SA says it's seeing a major reallocation as clients pull away from the US and pile into European funds in response to the market upheaval triggered by tariff wars.

Posted by LampLighter at 11:32 PM | 12 COMMENTS | permalink

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Investors pour into European equity funds, flee U.S. on tariff woes reut.rs/4iB4gl2

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-- Reuters (@reuters.com) April 21, 2025 at 9:05 AM

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More from the article ...

... Investment clients have "massively repositioned" their portfolios toward European equities and government bond exchange-traded-funds, a spokesperson for Europe's biggest asset manager told Bloomberg. The direction of flows reflects a "broader market repositioning" on the back of tariff announcements, the person said.

The comments match flow data provided by Morningstar Direct, which show a general flight from US funds this month. In the first two weeks of April alone, as markets digested President Donald Trump's announcements on tariffs, US-focused funds managed by Amundi, UBS Group AG and State Street Corp. saw a combined 3.9 billion ($4.5 billion) in client outflows, according to Morningstar data based on equity ETFs.

Over the same period, European equity funds managed by BlackRock Inc.'s iShares brand, Amundi and UBS were the biggest gainers, adding a combined 2.4 billion. ...


#1 | Posted by LampLighter at 2025-04-24 12:08 AM

@#1

A deep dive into the realm of global money flows ...

#2 | Posted by LampLighter at 2025-04-24 12:10 AM

In other news...rain is wet.

#3 | Posted by madbomber at 2025-04-24 02:02 AM

Trump destroyed America in three months.

Republicans are the worst thing to happen to America.

#4 | Posted by ClownShack at 2025-04-24 02:17 AM

The man with the leaden touch.

#5 | Posted by TFDNihilist at 2025-04-24 06:47 AM

Trump is obviously the symptom, but the support numbers for him are still too damned high, and the billionaires who back him are too many. Why risk business with fools and ghouls?

#6 | Posted by hamburglar at 2025-04-24 08:27 AM

@#6 ... Trump is obviously the symptom, but the support numbers for him are still too damned high, and the billionaires who back him are too many. ...

The support numbers seem to be trending lower.

But the billionaires?

I've not yet seen any lowering of their support for Pres Trump.

#7 | Posted by LampLighter at 2025-04-27 11:55 PM

The destruction of the USA is almost complete.

Thanks, MRGA, you ------ up our country pretty fast!

#8 | Posted by chuffy at 2025-04-28 01:00 AM

I moved about half my 401k over to foreign stock mutual funds.

Not at all opposed to moving myself to another country either.

Maybe Boaz can finally start that GoFundMe to help me self-deport.

#9 | Posted by snoofy at 2025-04-28 08:23 AM

Ah Canada, it must be wondering just how it got such good politicians as compared to the US. I would imagine the Liberals are going to make out well, thanks to Trump's consistent denigration of their nation.

#10 | Posted by Hughmass at 2025-04-28 08:44 AM

Of course the billionaires support him.

Look, if you've got maybe a hundred million, you're set for life, there's pretty much no need or want that you can't buy. So why keep going? Because they're doing it to keep score. Now, having that number go down wouldn't seem to be good for that, BUT... what if you could just make your score higher by lowering everybody else's? Pushing a bunch of people who were comfortably middle class into poverty will increase your relative score!

It's a game to them. ALL billionaires are psychopaths, they wouldn't be billionaires otherwise. Your life is meaningless to them.

#11 | Posted by DarkVader at 2025-04-28 11:50 AM

Google says there are 750 billionaires in the US not to mention all the other rich or influential people. I can't believe that more than a small fraction of these otherwise intelligent folks are supporting trumpler. I'm hoping they are discussing among themselves. If they don't take care of this and leave it up to the People it might hurt their pocketbooks.

#12 | Posted by grumpy_too at 2025-04-29 01:33 AM

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