The Riskalyze Report: Errybody in the club get TIPSy

Posted by

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 $120 billion and counting that advisors manage on the Riskalyze platform*. I hope we can uncover interesting trends for you each week…

Riskalyze

October 16th – October 22nd

Winners (advisor flows TO these investments increased substantially):
  1. TIPS (TIP)
  2. MSCI USA Minimum Volatility (USMV)
  3. Emerging Markets (IEMG, VWO)

Losers (advisor flows FROM these investments increased substantially):

  1. Utilities (VPU, XLU)
  2. Gold (GLD)
  3. International Bond (BNDX, TPINX)

Josh here- Advisors seem to tightening up duration (once again) and preparing for the possibility of a rate hike to end the year. Inflation data and wage data have been running hotter of late and bond yields may have double-bottomed this summer. Libor is rising as well. The futures market was pricing an above-60% chance of a rate hike by December’s Fed meeting and the stock market hasn’t fallen apart over this. By then, the election will (hopefully) be over. So perhaps the stars are aligned for the second rate hike in a decade.

We’ll see.

According to Riskalyze CIO Mike McDaniel, “Advisor use of TIPS increased by 10% week over week. Advisor use of utilities decreased 10% week over week.” This is consistent with what you’d be doing if a rate hike appeared imminent and you felt more exposed than you’d otherwise want to be.

By the way, let me take this opportunity to wish Riskalyze founder and CEO Aaron Klein a happy birthday. It was a pleasure watching Aaron pick up a Wealth Management Award the other night for his firm’s technology. As the earliest adopter, it’s a pleasure to have seen it grow and evolve since 2012. Happy birthday, mogul. You’re gonna go places.

*(to state the obvious, Riskalyze does not share client sensitive data with me or use animals in testing). 

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. 스포츠토토 commented on Oct 06

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2016/10/24/the-riskalyze-report-errybody-in-the-club-get-tipsy/ […]

  2. travel alerts commented on Oct 29

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2016/10/24/the-riskalyze-report-errybody-in-the-club-get-tipsy/ […]

  3. copy Omega Speedmaster commented on Oct 30

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2016/10/24/the-riskalyze-report-errybody-in-the-club-get-tipsy/ […]

  4. best cvv store commented on Oct 31

    … [Trackback]

    […] Find More Information here to that Topic: thereformedbroker.com/2016/10/24/the-riskalyze-report-errybody-in-the-club-get-tipsy/ […]

  5. Agile DevOps commented on Nov 05

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2016/10/24/the-riskalyze-report-errybody-in-the-club-get-tipsy/ […]

  6. best cvv site commented on Nov 20

    … [Trackback]

    […] Find More to that Topic: thereformedbroker.com/2016/10/24/the-riskalyze-report-errybody-in-the-club-get-tipsy/ […]

  7. 123movies commented on Nov 21

    … [Trackback]

    […] There you can find 30368 more Info on that Topic: thereformedbroker.com/2016/10/24/the-riskalyze-report-errybody-in-the-club-get-tipsy/ […]

  8. tangerine savings account log-in commented on Nov 26

    … [Trackback]

    […] Here you can find 19755 additional Info to that Topic: thereformedbroker.com/2016/10/24/the-riskalyze-report-errybody-in-the-club-get-tipsy/ […]

  9. Software Testing services commented on Jan 11

    … [Trackback]

    […] Find More Information here on that Topic: thereformedbroker.com/2016/10/24/the-riskalyze-report-errybody-in-the-club-get-tipsy/ […]

  10. Regression Testing commented on Jan 17

    … [Trackback]

    […] Find More here to that Topic: thereformedbroker.com/2016/10/24/the-riskalyze-report-errybody-in-the-club-get-tipsy/ […]

HowIInvestMyMoney