• Steve Holden
• February 24, 2026
• Global
• 0 Comments

China allocations have recovered from the lows, but momentum has stalled—masking active shifts beneath the surface.

• Steve Holden
• January 8, 2026
• Global
• 0 Comments

China allocations have recovered from the lows, but momentum has stalled—masking active shifts beneath the surface.

• Steve Holden
• December 15, 2025
• Global
• 0 Comments

China allocations have recovered from the lows, but momentum has stalled—masking active shifts beneath the surface.

• Steve Holden
• November 25, 2025
• Global
• 0 Comments

China allocations have recovered from the lows, but momentum has stalled—masking active shifts beneath the surface.

• Steve Holden
• October 26, 2025
• Global
• 0 Comments

Global Funds: Q3 Performance & Attribution Active Global funds are facing yet another challenging year. While the average fund delivered a commendable 15.5% return through the end of Q3, the elephant in the room remains a benchmark that continues to deliver well above-average performance. The SPDR ACWI ETF returned 18.8% year-to-date, outperforming 73% of the 358 active funds in our …

• Steve Holden
• September 30, 2025
• Global
• 0 Comments

  The Big Picture:  Global Fund Positioning Update In this report, we take a deep dive into active global fund positioning—across regions, countries, sectors, and stocks—highlighting the key dynamics shaping capital allocation across our 360-strong fund universe. We begin with headline positioning trends across the three major regions, before examining each in detail: Americas, EMEA, and Asia, together with a …

• Steve Holden
• August 25, 2025
• Global
• 0 Comments

335 Global Equity Funds, AUM $1.25tr Palantir Technologies Inc. Rotation Signals Momentum Shift Palantir has rapidly become one of the most widely held AI names among Global funds, with ownership nearly doubling in six months to 11.3%. Growth managers have driven the surge, though most positions remain small outside a few concentrated bets. Despite ranking fourth within its software and …

• Steve Holden
• July 29, 2025
• Global
• 0 Comments

333 Global Equity Funds, AUM $1.2tr Active Global Funds: Positioning Analysis, July 2025   Regional Trends The Magnificent 7: Active Global Fund Positioning Update Financials Exchanges: A Sector on the Rise Stock Analysis Alibaba Group Holding Ltd.: The Path to Redemption? Rheinmetall AG: Out of the Shadows Danaher Corporation: Reassessing the Investment Case Merck & Co., Inc.: Returning to the …

• Steve Holden
• July 17, 2025
• Global
• 0 Comments

333 emerging market Funds, AUM $1.2tr Global Funds: Performance & Attribution Analysis, H1 2025   Active Global funds matched the benchmark, returning 10.23% on average in H1 2025, with 45.5% of funds outperforming. Value strategies led by a wide margin, with 80.7% outperforming and beating Aggressive Growth by nearly 6%. High Active funds dominated performance, with 39 of the top …

• Steve Holden
• June 23, 2025
• Global
• 0 Comments

336 Global Equity Funds, AUM $1.1tr Active Global Funds: Positioning Analysis, June 2025 Europe Reasserted:  Consensus Builds as Europe Reclaims Ground from the U.S DM Europe remains the top regional overweight, with over 90% of global funds positioned above benchmark. Allocations have rebounded sharply from late-2024 lows, marking a renewed expression of long-term conviction. Positioning is broad-based, led by the …