Sector Compass Monthly Update

State Street Global Advisors
By July 14, 2021 14:47

Sector Compass Monthly Update

  • June showed similar trend characteristics to earlier in the year, with value and cyclical exposures rising again — but with a hint of caution caused by the emergence of new COVID variants and concerns over Fed tapering.
  • Europe and the US diverged more than in previous months, with markets trying to capture the regional nuances of reopening. Although, Technology lagged in terms of flows and returns in both regions.
  • Institutional investor behaviour changed, favouring Real Estate for the first time in a long time from low positioning. European investors also favoured Health Care.

State Street Global Advisors
By July 14, 2021 14:47

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