Asset classes with most trading outflows in Q2 2020
|
Percentage of outflows |
Index dollar value ($ mil) |
Target date2 funds |
37% |
$355 |
Large U.S. equity funds |
37% |
$352 |
Company stock |
17% |
$162 |
Second quarter market observations:
The second quarter provided a respite and recovery from the first quarter’s decline, with all indices gaining. Small U.S. equities (represented by the Russell 2000 Index) rose 25.4%, large U.S. equities (represented by the S&P 500) gained 20.5%, and international equities (represented by the MSCI All County World ex-U.S. Index) up 16.1%. Additionally, U.S. bonds (represented by the Bloomberg Barclays U.S. Aggregate Index) gained 2.9%.