Investors Missed Post-crisis Rally Chasing Past Returns

Because they preferred fixed income over equities from 2009 to 2012, many investors missed out on the best returns of the post-crisis bull market

Tim Strauts 27 April, 2016 | 3:58PM

 

Tim Strauts: In today’s chart we are going to examine investor behaviour by looking at where people invest their money on an annual basis. The chart shows worldwide fund flows into mutual funds and ETFs by asset class. Historically, the best predictor of future flows is recent past performance. Asset classes with good performance over the last year tend to get strong flows in the following year.

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Tim Strauts  

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