MARKET RESEARCH
Fund Selector Sentiment - Equities
October 2015
These tables show the forward-looking intentions of European fund selectors and asset allocators towards various equity strategies.
Europe: Despite some volatility in demand, European equities remain by far the most sought-after of all equity classes.
US: It could be the start of a recovery in demand for US equities – after a three-year continuous downward trend, the number of buyers has crept up to equal the number of sellers.
Japan: Japan remains relatively niche but of the 30% of respondents who are active – either looking to buy or sell – the buyers outnumber the sellers two to one.
GEM: This continues its year-long slump – the numbers looking to reduce their weighting has overtaken those looking to buy. And even those pulling out of the market entirely are creeping up.
Asia ex-Japan: As you might expect, there was a sharp rise in sellers following the Asian market turmoil in the summer of 2015. However, what’s interesting is that the downward trend in demand started in Q2 2015, well before the markets fell.
Frontier: These continue to lose their popularity, with the number looking to buy more dwindling and those pulling out of the market completely increasing. The number who wish to sell has overtaken the number looking to buy more – a significant marker.
Source: Expert Investor Europe, 'The Fund Selector Asset Class Report' October 2015