• Steve Holden
• February 16, 2023
• Global
• 0 Comments

358 Global Equity Funds, AUM $914bn Global Fund Positioning Analysis, February 2023 In this issue: Investment Managers: Out of Favour Consensus Overweight in UK Stocks EMEA Technology Rotation 358 Global Equity Funds, AUM $914bn Investment Managers: Out of Favour Sentiment in the Investment Managers industry group is at rock bottom. Time-Series and Industry Activity Global fund allocations in the Investment …

• Steve Holden
• January 25, 2023
• Global
• 0 Comments

358 Global Equity Funds, AUM $914bn Global Fund Positioning Analysis, January 2023 In this issue: 2023 Global Fund Positioning Update Record Under-Allocation in Emerging Markets Microsoft Corporation: Value Funds Lose Confidence 358 Global Equity Funds, AUM $914bn 2023 Global Fund Positioning Update In this report, we look at the latest allocations among the 358 active funds in our analysis across …

• Steve Holden
• January 8, 2023
• Global
• 0 Comments

359 Active GEM Funds, AUM $914bn. 2022 Performance & Attribution Report In this report, we provide an overview of 2022 performance among the Global active funds in our analysis. We look at annual performance broken down by Style and Market Cap focus, together with longer-term analysis of active versus passive. We then identify the drivers behind 2022 performance based on …

• Steve Holden
• December 12, 2022
• Global
• 0 Comments

359 Active Global Funds, AUM $947bn Global Fund Positioning Analysis, December2022 In this issue: Global Real Estate: New Lows China & HK: Underowned? Investment Banks/Brokers: Continued Momentum Vodafone: Going..Going….   359 Active Global Funds, AUM $947bn Global Real Estate: New Lows   Ownership levels in the Global Real Estate sector have hit new lows.  Average weights among active Global funds …

• Steve Holden
• October 24, 2022
• Global
• 0 Comments

359 Active Global Funds, AUM $832bn Consensus Positioning Consensus positioning is something that is often discussed in investment circles. More often then not it tends to be anecdotal: “Everybody owns insert stock, nobody is overweight insert country” etc etc. The fact is, there are very few consensus positions in Global investing, with a vast opportunity set of thousands of companies …

• Steve Holden
• October 11, 2022
• Global
• 0 Comments

359 Active Global Funds, AUM $950bn. Q3 Performance & Attribution In this piece, we provide an overview of Q3 performance among the Global active funds in our analysis. We look at quarterly performance broken down by Style and Market Cap focus, together with longer-term analysis of active versus passive. We then breakdown this quarter’s performance based on the average active …

• Steve Holden
• September 13, 2022
• Global
• 0 Comments

358 Active Global Funds, AUM $930bn North American Rotation Active Global investors are at record allocations in North American stocks. Driven higher by rising Health Care, Industrials and Energy exposure, North America continues to take market share from the key regions in Europe and Asia. Yet with Global investors still underweight North America, does this rotation have further to run? …

• Steve Holden
• August 16, 2022
• Global
• 0 Comments

362 Active Global Funds, AUM $960bn Investor Positioning Insights Communication Services: Lowest Exposure on Record Taiwan Technology: Pause and Reverse Australia: Sleeping Giant Awakes UK Consumer Discrexodos Momentum in the Trucking Industry South Korean Autos. All Over?   Communication Services: Lowest Exposure on Record Charts clockwise from top to bottom Communication Services allocations among active Global managers are at their …

• Steve Holden
• July 13, 2022
• Global
• 0 Comments

365 Active Global Funds, AUM $906bn France Global equity managers are positioned at their highest ever overweight in French equities. France is the 4th largest country allocation globally and the largest in the European Union. Versus the benchmark, only the Netherlands has more funds positioned overweight. Sanofi and Cap Gemini SA have benefited from fund rotation this year, with the …

• Steve Holden
• July 13, 2022
• Global
• 0 Comments

365 Active Global Funds, AUM $906bn Microsoft Corp (MSFT) Microsoft Corporation is the most widely held stock among active US equity investors. Of the 365 active strategies in our analysis, 75% own Microsoft at an average weight of 3.02%. There is a growing dispersion between Value and Growth managers in MSFT. Growth managers are at record levels of ownership, whereas …