255 Active UK funds, AUM $189bn Active UK Funds: Positioning Insights, August 2024 Summary Health Care: Underweight Hits Record Highs UK fund managers are positioned at record underweights in the Health Care sector, as a growing number of funds move away from an overweight stance. AstraZeneca is the core driver of the sector-level underweight as ownership growth stalls, whilst GSK …
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351 emerging market Funds, AUM $424bn Active GEM Funds: Positioning Insights, August 2024 Summary Brazil: Exposure Among EM Funds Nears Record Lows Exposure to Brazil among Emerging Market equity funds has fallen to near-record lows, with Financials, Technology, and Materials leading the declines. Materials: Low Conviction Sector Goes Lower Both average fund weights and the percentage of funds invested in …
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329 Global active equity funds, AUM $1.1tr Global Funds: Positioning Insights, August 2024 Summary Emerging Markets: Structural Shifts as Allocations Stabilise Allocations towards EM are stabilizing, but with a notable rotation away from China & HK and towards Taiwan and South Korea. Switzerland: Key Stocks Drive Ownership Retreat Switzerland’s exposure in Global funds is declining, driven by reduced holdings in …
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260 UK active equity funds, AUM $185bn UK Funds: Extreme Stocks Summary In this report, we screen for stocks at the extreme ends of their positioning or momentum ranges. We synthesize current and historical data on fund positioning with recent manager activity to assess sentiment for each stock in our coverage. In focus this month: High Positioning, Positive Momentum: Dunelm Group …
Continue Reading143 MSCI China active equity funds, AUM $38bn China Funds: Extreme Stocks Summary In this report, we screen for stocks at the extreme ends of their positioning or momentum ranges. We synthesize current and historical data on fund positioning with recent manager activity to accurately assess sentiment for each stock in our coverage. In focus this month: High Positioning, Positive …
Continue Reading99 Asia Ex-Japan active equity funds, AUM $52bn Asia Ex-Japan Funds: Extreme Stocks Summary In this report, we screen for stocks at the extreme ends of their positioning or momentum ranges. We synthesize current and historical data on fund positioning with recent manager activity to accurately assess sentiment for each stock within our coverage. Stocks in focus this month: High …
Continue Reading330 Global active equity funds, AUM $1.1tr Global Funds: Extreme Stocks Summary In this report, we screen for stocks at the extreme ends of their positioning or momentum ranges. We synthesize current and historical data on fund positioning with recent manager activity to accurately assess sentiment for each stock within our coverage. Stocks in focus this month: High Positioning, Positive …
Continue Reading352 Global Emerging markets active equity funds, AUM $429bn GEM Funds: Extreme Stocks Summary In this report, we screen for stocks at the extreme ends of their positioning or momentum ranges. We synthesize current and historical data on fund positioning with recent manager activity to accurately assess sentiment for each stock within our coverage. Stocks in focus this month: High …
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260 UK Equity funds, AUM $185bn UK Funds: Performance & Attribution Review, Q2 2024 Summary UK Funds Match Benchmark in Q2: Active UK funds achieved an average Q2 return of +3.62%, in line with the benchmark and with just over half of funds outperforming the index. Performance Correlated to Style: Performance was strongly influenced by style, with Value funds leading …
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143 MSCI China Equity funds, AUM $38bn MSCI China Funds: Performance & Attribution Review, Q2 2024 Summary Heavy underperformance in Q2: Average returns of 3.46% lag the iShares MSCI China ETF by -3.15%, with just 11.5% of funds outperforming. Key Industry Level Positioning Costs Managers: At the industry level, 2.3% of underperformance was observed across Internet Software/Services, Alcoholic Beverages, …
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