India Deep Dive: Record Allocations Mask Growing Underweight

360 emerging market Funds, AUM $400bn India Deep Dive: Record Allocations Mask Growing Underweight Summary Record Allocations Mask Caution: Record investments in India contrast with a rising underweight, as selected managers pare back exposure. Valuations Prompt Strategic Pause: Record underweights among Value funds reflect valuation concerns, with growth funds also seeing overweights decline. Selective Sector Optimism: Fresh interest in Utilities, …

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UK Real Estate Hots Up

270 UK Equity Funds, AUM $190bn UK Real Estate Hots Up • Record number of UK funds now exposed to Real Estate sector. • CT, BlackRock and Quilter among funds adding to exposure since mid 2023. • SEGRO and Land Securities the key holdings and the drivers behind the recent rotation Author:  Steven HoldenDate:  February 14th, 2024Fund Universe: UK Equity …

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Global EM Funds: Country Positioning Update

361 emerging market Funds, AUM $400bn Country Positioning Update • China weights fall to lowest levels in 7-years, managers remain underweight. • India weights move to all-time highs, but active funds increase underweights to record levels. Value funds become increasingly sceptical. • Saudi Arabia the 2nd largest country underweight, but momentum among investors remains compelling. • Overweights led by the …

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Alibaba Group Holdings: Positioning Update

361 emerging market Funds, AUM $400bn Alibaba Positioning Overview • Despite average weights falling from over 6% in 2020 to under 2% today, 73% of EM funds remain invested in Alibaba. • The make up of the investor base has changed, with a rotation between high growth investors (out) and Value investors (in). • Of the 73% of current holders, …

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UK Fund Positioning Insights, February 2024

270 UK Equity Funds, AUM $190bn UK Fund Positioning Insights, February 2024 • UK Real Estate Hots Up: Record number of UK funds now exposed to Real Estate sector. • UK Stock Radar: Natwest and Serco among 10 stocks at the extreme ends of their positioning and momentum ranges • Stock Activity Data. They key moves in stock positioning over …

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Reassessing Turkey: EM Fund Managers Show Signs of Sentiment Shift

361 Global EM Equity Funds, AUM $400bn Reassessing Turkey • After a decade-long bear market in investor positioning, GEM managers are beginning to show tentative signs of a sentiment shift towards Turkey. Author:  Steven HoldenDate:  February 20th, 2024Fund Universe: Global Emerging Markets Equity Turkey Positioning Overview In this video, we look into the fundamentals of Turkish market positioning among active …

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Asia Ex-Japan Positioning Insights, February 2024

98 Asia Ex-Japan Funds, AUM $50bn Asia Ex-Japan Positioning Insights, February 2024 • The China/India Divide: Spread between 2 nations hits tightest levels on record. • Tech Allocations Close in on the Highs: Allocations approach the 2021 highs as Tech takes portfolio share from Industrials and Consumer Discretionary. • Pinduoduo Rotation Continues: Ownership levels hit record highs as funds continue …

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China: Darkest before the Dawn?

340 Global Equity Funds, AUM $1tr China: Darkest before the Dawn? Author:  Steven Holden Date:  February 14th, 2024 Fund Universe: Global Equity China’s Decent Chinese equity ownership among Global equity funds has reached an all-time low. The chart set opposite documents the time series of fund exposure and ownership among global funds in Chinese equities between 2012 and 2024. Chart …

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Global Positioning Insights, February 2024

340 Global Equity Funds, AUM $1tr Global Positioning Insights, February 2024 • LATAM Momentum: MercadoLibre leads regional allocations higher. • Consumer Staples: Allocations fall to lowest levels on record, but optimism remains. • China: Darkest before the Dawn? Sentiment plunges to new depths. • Salesforce Hits New Highs: Strong rotation drives Salesforce up the Tech rankings. • The latest stock …

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Reassessing Turkey: EM Fund Managers Show Signs of Sentiment Shift

361 emerging market Funds, AUM $400bn Reassessing Turkey: EM Fund Managers Show Signs of Sentiment Shift • After a decade-long bear market in investor positioning, GEM managers are beginning to show tentative signs of a sentiment shift towards Turkey. • Positive fund flows and numerous new positions over the past six months highlight Turkey as a primary beneficiary of recent …

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