Asset classes with most trading outflows in Q1 2020
|
Percentage of inflows |
Index dollar value ($ mil) |
Target date2 funds |
37% |
$1,326 |
Large U.S. equity funds |
37% |
$1,324 |
Mid U.S. equity funds |
8% |
$294 |
First quarter market observations:
Equity markets entered into bear market territory during the first quarter of 2020. Small U.S. equities (represented by the Russell 2000 Index) fell -30.6%, international equities (represented by the MSCI All Country World ex-U.S. Index) dropped -19.6%, and large U.S. equities (represented by the S&P 500) lost -19.6%. U.S. bonds (represented by the Bloomberg Barclays Aggregate Index) gained 3.2% for the quarter.