NAAIM Exposure Index – Investor Sentiment​

NAAIM Exposure Index – Investor Sentiment The National Association of Active Investment Managers Exposure Index represents the two-week moving average exposure to U.S. equity markets reported by NAAIM members. The NAAIM Exposure Index stands at 77% this week. NAAIM members are less optimistic. Image: National Association of Active Investment Managers (NAAIM)

Hedge Fund Gross / Net Exposure (Leverage)

Hedge Fund Gross / Net Exposure (Leverage) Hedge fund net exposure rose to 75%. This is the highest level in over two years. Image: Goldman Sachs Global Investment Research

Hedge Fund Net Exposure

Hedge Fund Net Exposure Even after the recent sell-off, hedge fund’s net exposure remains high. Image: Goldman Sachs Global Investment Research

China Sales Exposure – Euro Stoxx 50 vs. S&P 500

China Sales Exposure – Euro Stoxx 50 vs. S&P 500 Europe equities are more sensitive than the U.S. market, as the exposure of the Euro Stoxx 50 index to China is about twice that of the S&P 500. Image: Goldman Sachs Global Investment Research

Aggregate CTAs Equity Exposure

Aggregate CTAs Equity Exposure CTAs equity exposure also remains at a high level. Image: Deutsche Bank Asset Allocation