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…
June 28-July 4th
- Global Fixed Income (DFGBX and TGBAX)
- Real Estate (DFITX, DFREX, MRLBX, DFGEX, SCHH)
- Emerging Markets (DFEVX, DFEMX, DEMAX, IEMG, SAEMX, HIEMX)
Losers (advisor flows FROM these investments increased substantially):
- Currency Hedge (HEFA)
- Technology (FXL)
- Healthcare (FHCIX)
Note: it was a short week due to 4th of July
Josh here – last week advisors took profits in some winning sector bets – tech and healthcare are among the few areas of the US stock market where the gains have been plentiful.
On the “winners” side, we see buyers on the EM dip as the China disaster fails to dissuade those in search of a cheaper asset class. Global bond funds get some love too, as the interest rate indecision continues on, with Grexit possibly forestalling the first hike once again.
*(to state the obvious, Riskalyze does not share client sensitive data with me or use animals in testing).