Are You More Likely to Increase or Decrease Equity Exposure Over the Coming Days/Weeks? A notable lack of enthusiasm is evident as only 27% of JPM clients are considering increasing their equity exposure. Image: J.P. Morgan
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 54.33, active investment managers are less optimistic. Image: National Association of Active Investment Managers (NAAIM)
U.S. Dollar Exposure of Currency Hedge Funds Will hedge funds turn bullish on the U.S. dollar? Image: J.P. Morgan
CTAs Exposure to Equities CTAs overall allocation to equities was in the 52th percentile last week. Image: Deutsche Bank Asset Allocation
U.S. Equity Exposure vs. ISM New Orders less Inventories U.S. equity exposure typically shows a correlation with the ISM New Orders less Inventories. Image: Nomura
Hedge Fund and Mutual Fund Equity Exposure Hedge funds and mutual funds have raised their equity exposure year-to-date. Image: Goldman Sachs Global Investment Research
CTAs Exposure to Bonds CTAs overall allocation to bonds was in the 15th percentile last week. Image: Deutsche Bank Asset Allocation
CTAs Exposure to Gold CTAs are still long gold. Image: Deutsche Bank Asset Allocation
Financials and Banking Exposure by Index The Russell 2000 has more exposure to financial stocks (18.5%) than the S&P 500 (10.5%). Image: J.P. Morgan Asset Management
Beta Exposure of Large Cap U.S. Active Managers vs. S&P 500 Among active managers, there is a significant drop in beta exposure to GFC levels. Image: BofA US Equity & Quant Strategy