Cumulative Global Equity Fund Flows Across Regions In 2024, U.S. equities have seen notable inflows, indicating a resurgence of investor confidence despite ongoing concerns about valuations. Image: Goldman Sachs Global Investment Research
Sentiment – Global Equity Risk-Love The current reading of the Global Equity Risk-Love indicator at the 96th percentile signals a high level of optimism in global equity markets, indicating a need for caution and effective risk management strategies by investors. Image: BofA Predictive Analytics
Global Equity Flows Global equity inflows have remained strong year-to-date, driven by expectations of inflation moderation and potential interest rate cuts by central banks. Image: Goldman Sachs Global Investment Research
Global Equity Valuations The current market environment reflects a contrast between relatively cheap Emerging Markets (EM) and Developed Markets (DM) ex-U.S., and expensive U.S. stock valuations. Image: Topdown Charts
Passive Global Equity Flows Outflows from passive global equity funds are large. Image: BofA Global Investment Strategy
Active Global Equity Flows Outflows from active global equities persist. Image: BofA Global Investment Strategy
Annual Change in Global Equity Market Capitalization The global equity market capitalization has lost $30tn year-to-date. Image: Goldman Sachs Global Investment Research
Flows into Global Equity Funds Flows into global equity funds have moderated significantly over the last few months. Image: Goldman Sachs Global Investment Research
Do You Think Global Equity Markets Will Experience a Bear Market? Most FMS investors expect that global equity markets will experience a bear market this year. Image: BofA Global Fund Manager Survey
Global Equity Markets – MSCI ACWI Index with HY/IG Flows BofA sees a rates shock this year and remains bearish on equities and credit. Image: BofA Global Investment Strategy