Equity Universes and Strategies Rule Top Global eVestment Lists in August

12 Sep

Equity Universes and Strategies Rule Top Global eVestment Lists in August

Investors and consultants had a strong interest in equities in August, according to the top viewed universes and strategies captured in eVestment’s August Advantage Viewership Report. All but one of the top 10 universes viewed in August on eVestment were equity universes, with one fixed-income universe – US High Yield Fixed Income – coming in at No. 10. Similarly, all of the top 10 most-viewed products on eVestment in August were equity strategies.

The top five firms viewed on eVestment in August according to the new report, in order from No. 1 to No. 5, were BlackRock, Wellington, Vanguard, J.P. Morgan Investment Management and PIMCO.

The monthly eVestment Advantage Viewership Report highlights the top asset managers, products and asset classes of interest to institutional investors and consultants around the world. The report looks at data globally and from various countries and regions, including the United States, the United Kingdom, Europe ex-UK, Africa, Japan and Asia ex-Japan. Putting this data into context with global and local political, markets and corporate news can offer a unique perspective into how institutional investment influencers are responding to that news and how they may shift assets or investment strategies over time.

Other interesting trends highlighted in the new report include:

  • Vanguard retains top spot on the rising firms list for US-based investors and consultants as Wellington Management and BlackRock switch places for most viewed firm. Vanguard captured 2% of all US clients’ product profile views on the eVestment platform in Aug-2019 compared to 1.47% during the prior 6M. Well-known for passive offerings, it was however the firm’s actively managed Vanguard Explorer Value Fund, a US SMID cap core strategy, that was its top rising product for the month. Blackrock moved to the top of the most viewed firms list, driven by its top viewed and rising product, the BlackRock Mid Cap Growth Equity strategy.
  • RQFII/QFII-China A-Shares Equity becomes a rising universe across multiple regions. Globally the universe was ranked 10th among those that investors and consultants showed the most rising interest in, with BlackRock’s Systematic China Opportunities strategy being the universe’s most viewed and rising product. Among UK-based investors and consultants, the universe was fifth on the list with Schroder IM’s China A-share strategy being the rising product. For Africa and Middle East-based clients, the universe ranked eight rising with TD Greystone AM’s China Income & Growth Fund the rising product. In Australia & New Zealand, it was propelled to the top of the rising universe list by BNP Paribas AM’s China “A” Shares strategy.
  • Investors and consultants in Asia ex-Japan show most interest in emerging markets fixed income. Global Emerging Markets Fixed Income – Hard Currency, Local Currency, and Blended Currency universes – were all on the most viewed and rising universes lists among users in the region. Most viewed and rising products for each universe included AllianceBernstein’s Emerging Market Debt strategy (hard currency), SSGA’s MultiFactor Premia Emerging Markets Bond Fund (local), and GSAM’s Global Emerging Market External Local and Corporate Blended Debt (blended).

Gain clarity on evolving themes and preferences as they emerge each month