Active Stock Funds Chase Income as Yields Sink

Active stock funds tracking investor income demand saw inflows of $36B in July, per State Street Investment Management. The move suggests mild risk-on/demand for equity yield rather than a fundamental earnings or policy shift. Likely supportive at the margin for active equity managers, but not inherently market-wide.

Analysis

Active stock funds tracking investor income demand saw inflows of $36B in July, per State Street Investment Management. The move suggests mild risk-on/demand for equity yield rather than a fundamental earnings or policy shift. Likely supportive at the margin for active equity managers, but not inherently market-wide.