Big Investment Moves Across Asset Classes, Geographies in 2Q

31 Aug

Big Investment Moves Across Asset Classes, Geographies in 2Q

Although flows were largely flat relative to industry AUM in the second quarter of this year, certain asset classes and geographies saw outsized investor demand during the quarter, according to the just-released eVestment 2Q 2017 Traditional Asset Flows Report.

During the quarter institutional asset managers saw aggregate redemptions of -$7.9 billion. Total institutional AUM for traditional asset managers reporting to eVestment at the end of the quarter stood at $25.3 trillion, according to the report.

Some interesting points from the report include:

  • Q2 2017 net flows were positive for fixed income strategies overall, +$66.5 billion, with net allocations spread across a number of geographies. U.S. fixed income and global fixed income managers were the greatest recipients gaining +$45.1 billion and +$21.3 billion, respectively.
  • The quarter was net negative for active equity managers across a number of investment styles and geographies, most notably active U.S. equity managers, who saw -$68.9 billion outflows during the quarter.
  • U.S., U.K. and European investors were all net allocators to major fixed income strategies during the past year.

To download a full copy of the report, please click here.