After digging through the 50 largest holders of the Thematic Universe to assess their positioning relative to the active benchmark, BAML analysts report that investors increased exposure to Bottom Billions, Millennials and Water. Beijia Ma and colleagues suggest in their June 13 research piece titled “Rise of Bottom Billions” that investors should concentrate their portfolios in assets related to their firm’s long-term themes.
Also see Michael Burry Is Focused On Just On Commodity: Water
Thematic Beats prefer Bottom Billions, Climate Change
Against the backdrop of current market conditions and macroeconomic events, the BAML analysts have designed “Theme Watch” to assist investors in considering their strategic thematic asset allocations. Theme Watch provides insights on four key attributes: performance, positioning, BofAML equity client trading...
