Half a Trillion Short in Expected Money Inflows

Lack of inflow into US equity market

Revisiting our 2010 forecast of equity market inflows made in December 2009
Forecasted Net Equity Inflow $ 350 50 100 200 (150) 50 $ 600 Net Equity Flow YTD $ (16) 3 35 100 (65) $ 57 Net Equity Flow Annualized (33) 7 NA 140 400 (130) NA $ 384

$ billions Retail / Individual Indi id al Institutional Investors Equity Mutual Funds Hedge Funds Foreign Investors Corporations Repurchased and M&A New Equity Issuance DB Pension Investment TOTAL

Source: Federal Reserve, ICI, Compustat, Factset and Goldman Sachs Global ECS Research. As of June 15, 2010.

Goldman Sachs Global ECS Research

28

Sign up to vote on this title
UsefulNot useful