Active Global Equity Fund Flows and % MSCI ACWI Members Trading Above 200-DMA

Active Global Equity Fund Flows and % MSCI ACWI Members Trading Above 200-DMA Flows to active global equity funds correlate strongly with stock price dispersion. Higher dispersion creates more opportunities for active managers, especially in volatile markets, boosting investor interest and inflows. Image: BofA Global Investment Strategy

Cumulative Passive and Active Equity Flows

Cumulative Passive and Active Equity Flows While active equity funds have faced significant challenges, passive equity flows have shown resilience, remaining positive despite market fluctuations. Image: BofA Global Research

Active vs. Passive Fund Flows

Active vs. Passive Fund Flows While active equity funds have struggled, passive equity flows have proven resilient, continuing to show positive trends despite market fluctuations. Image: Goldman Sachs Global Investment Research

Flows by Year into Active vs. Passive Funds

Flows by Year into Active vs. Passive Funds Passive funds are growing in popularity as investors prioritize lower fees, potential tax advantages, and doubt active fund managers’ ability to consistently outperform the market. As a result, active funds are facing capital outflows. Image: BofA US Equity & Quant Strategy

Share of Passive vs. Active Equity Funds

Share of U.S. Equity Mutual Fund and ETF AUM Passive U.S. equity funds surpassed active ones in 2020. Investors prefer them for their lower fees, potential tax benefits, and doubt in active fund managers’ ability to consistently outperform the market. Image: Goldman Sachs Global Investment Research

Passive vs. Active Rolling 6-Month Flows

Passive vs. Active Rolling 6-Month Flows Flows into passive mutual funds and ETFs continue to surpass those into active funds. This trend is driven by factors such as lower costs, strong performance, and the rise of ETFs. Image: Goldman Sachs Global Investment Research

Active Global Equity Flows

Active Global Equity Flows Outflows from active global equities persist. Image: BofA Global Investment Strategy

Active vs. Passive ETFs

Active vs. Passive ETFs Will actively managed ETFs continue to shine in 2021? Image: Bloomberg