Equity – Aggregate Financial Asset Allocation Among Households, Mutual Funds, Pension Funds, and Foreign Investors Allocations to equities now exceed the peak of the tech bubble. Image: Goldman Sachs Global Investment Research
Net U.S. Mutual Fund and ETF Flows by Year Are flows into U.S. equity mutual funds and ETFs on the way to the moon this year? Image: Goldman Sachs Global Investment Research
% of Large-Cap Mutual Funds Outperforming their Benchmarks 43% of large-cap mutual funds have outperformed year-to-date, which is above the 10-year average. Image: Goldman Sachs Global Investment Research
Median Monthly Flow into Equity Mutual Funds and ETFs as a % of Total AUM August tends to see the largest equity outflows of the year. Image: Goldman Sachs Global Investment Research
Inequality – Breakdown of Household Equity and Mutual Fund Ownership by Wealth Percentile Stock ownership has gotten very concentrated with the top 1% owning 53% of stocks. Image: Goldman Sachs Global Investment Research
What Bubble? – Mutual Funds and ETF Cumulative Flows into Equities and Bonds Since 2009 Are U.S. equities a long way away from being in bubble territory, as inflows since 2009 have gone into bonds, not equities? Image: Fidelity Investments
Large-Cap Mutual Funds – Over/(Under)weight Allocations Large-cap mutual funds are underweight retail favorites. Image: Goldman Sachs Global Investment Research
% of Total Flows into Equity Mutual Funds and ETFs since 1996 Since 1996, 33% of inflows from equity mutual funds and ETFs have occurred in January. Image: Goldman Sachs Global Investment Research
Breakdown of Household Equity and Mutual Fund Ownership by Generation Baby boomers control a substantial proportion of the U.S. equity market. Image: Goldman Sachs Global Investment Research
Major U.S. Mutual Funds’ Net Exposure to U.S. Equities U.S. equity exposure of major U.S. mutual funds is in line with the historical average. Image: Nomura