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[hfe_template id='11223'] [ad_1] U.S. exchange-traded funds (ETFs) that invest in dividend-paying stocks have enjoyed a rush of inflows since the Federal Reserve kicked off its rate cutting cycle last month, though a jump in U.S. Treasury yields could slow the deluge of investor funds. The group of 135 U.S. dividend ETFs tracked by Morningstar pulled in $3.05 billion in September, the same month the Fed cut interest rates by 50 basis points, its first reduction since 2020. That compares to average monthly inflows of $424 million in the first eight months of 2024. Their newfound popularity has been driven by investors seeking income-generating products ahead of declines in yields that are expected to occur as the Fed continues cutting interest rates. "The pivot in monetary policy translates into cash looking for new homes, and dividend-yielding stocks will be one of the beneficiaries," said Nick Kalivas, head of factor and equity ETF strategy at Invesco. Wheth...

[hfe_template id='11223'] [ad_1] Shares of India's largest private sector lender HDFC Bank, which has been testing investor patience for the last few years, may attract $1.8 billion inflows as global index services provider MSCI may increase its weightage. HDFC Bank's September shareholding pattern shows that the FII headroom remains safely above 20%. "As a result, the second phase (and last) of the weight increase will occur during the November '24 rejig, which is expected to lead to approximately $1.8 billion in inflows in HDFC Bank," Nuvama Alternative & Quantitative Research said. Earlier in August rejig also, MSCI had raised HDFC Bank's weightage leading to FII flows. The Nifty stock has lost about 1% of its value so far in the calendar year 2024 and is up only 42% in the last 5 years. HDFC Bank has a strong history of doubling investor wealth every 4-5 years but the performance in the last few years has made investors jittery. Earlier ...