At the request of so many investment advisors, my friends at Riskalyze share the big trends in the assets going into and coming out of advisor portfolios every week. The underlying data is aggregated from hundreds of thousands of client accounts across the $44 billion and counting that advisors manage on the Riskalyze platform*. I hope we can uncover interesting trends for you each week…
March 1st – 7th 2015
- Corporate Bonds (LQD)
Russell 2000 (IWM)
Income Fund of America (AMECX)
Losers (advisor flows FROM these investments increased substantially):
Berwyn Income (BERIX)
Oil stocks (CVX and XOM)
Emerging Markets (EEM, DFCEX)
Josh here – kind of a mixed bag this week. One income fund is shown the door this week while another is added. EM funds and ETFs go up for sale and advisors continue to sell their oil-related equities despite the new meme that “crude has stabilized”. Advisors were also buying the dip in bonds, with LQD – the investment grade corporate bond ETF – coming in at number one on the buy list. LQD had dropped 3.3% between the beginning of February and the end of last week.
Also, nice to see a product from American Funds (AMECX) back on the menu after years of steady outflows from the ol’ brokerage favorite.
A word about Riskalyze:
In my practice, we use Riskalyze software tools to help assess clients’ true risk tolerance and to test portfolio configurations that match up accordingly. It’s changed our practice for the better, as I explain here.
*(to state the obvious, Riskalyze does not share client sensitive data with me or use animals in testing).