Wednesday, 17 April, 2019

Equities

Bank of America clients last week bought exchange-traded funds at the fast rate this year while shunning single stocks, extending their preference for passive investing for a fourth week.

It’s a reversal from earlier this year, when stock picking was favored

Overall, clients were net buyers of U.S. equities for the fourth time in the last five weeks, the most positive trend in flows since late January
Institutional clients were net buyers for the first time since late January

Private clients continued to sell for the 11th week in a row

Hedge funds were sellers after buying the week before

Real estate experienced 11 weeks of selling