Jun 10, 12:18 PM

Mutual Funds See 82nd Month of Outflows, Diversified Managers Trail S&P 500, Thematic Funds Decline

Mutual funds have seen 82 consecutive months of outflows, with money managers who diversified trailing the S&P 500. The shift towards ETFs and Boomers cashing out entirely is evident in the market. Thematic funds have declined from $200 billion to $120 billion despite YOLO trading frenzy.

#Boomers #YOLO

Written with ChatGPT (GPT-3).

Sources

Daily Chartbook@dailychartbook
2 years ago
"The frenzy of YOLO trading hasn’t lifted the fortunes of the fund industry ... Assets in U.S. thematic funds peaked at nearly $200 billion in 2021 and have since dropped to $120 billion." @jackpitcher20 https://t.co/7Q3i8i2a1k
Robert Burgess@BobOnMarkets
2 years ago
Money managers who obeyed the age-old wisdom to diversify are on an epic losing streak versus those who simply bought the S&P 500 and sat still https://t.co/7VtUG7pboj via @markets
Bloomberg Asia@BloombergAsia
2 years ago
Money managers who obeyed the age-old wisdom to divide investments across markets and geographies are on an epic losing streak versus those who simply bought the S&P 500 and sat still https://t.co/0JTSpO0eG0

Mutual Funds See 82nd Month of Outflows, Diversified Managers Trail S&P 500, Thematic Funds Decline

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