GWIM 4-Week ETF Flows as % of AUM BofA’s private clients have been buying municipals, dividend, utilities ETFs, and selling energy, EM debt, low-vol ETFs over the past four weeks. Image: BofA Global Investment Strategy
IG Bond Flows Investment-grade corporate bond funds continue to attract investors, resulting in the biggest 5-week inflow. Image: BofA Global Investment Strategy
China Equity Flows While the initial surge in inflows reflected optimism about China’s economic recovery, subsequent outflows highlight the fragility of market sentiment amidst ongoing economic challenges. Image: BofA Global Investment Strategy
Tech Flows Tech funds experienced their largest outflow since June 2024, marking a significant shift for the sector that had previously enjoyed positive momentum. Image: BofA Global Investment Strategy
Treasuries Flows BofA’s private clients are increasingly favoring U.S. Treasuries, particularly those with maturities between 2 to 10 years, as they anticipate a decline in yields in the near future. Image: BofA Global Investment Strategy
Median Monthly Flow into Equity Mutual Funds and ETFs as a % of Total AUM November historically marks a period of increased investor activity in equity markets, often leading to substantial inflows. Could the S&P 500 hit 6,000 by year-end? Image: Goldman Sachs Global Investment Research
GWIM T-Bill Flows In light of the Fed’s recent rate cuts, BofA’s private clients are actively selling T-bills and strategically positioning themselves for potential gains in other asset classes. Image: BofA Global Investment Strategy
Cumulative Global Sector Fund Flows Investor optimism and confidence in the tech sector remain robust, resulting in ongoing inflows into tech funds. Many investors are optimistic about the sector’s future potential. Image: Deutsche Bank Asset Allocation
Emerging Market Equity Flows Emerging market equity funds have seen substantial outflows, highlighting the fragility of market sentiment amidst ongoing economic challenges. Image: BofA Global Investment Strategy
Weekly High Yield Fund Flows Over the past week, U.S. high-yield funds experienced their largest outflow in nine weeks, signaling a shift in investor sentiment towards lower-risk assets. Image: BofA Global Research