Trends in Advisor Behavior During Market Volatility - Week of August 31, 2020
Cash allocations inched forward, mostly due to the decrease in equity market values, closing at 3.93% from 3.78% the prior week. Advisors continue to stay the course with risk averse investing strategies. Last week, advisors purchased intermediate-term and short-term fixed income mutual funds and ETFs. Both investment styles lead the year amassing the most significant flows YTD.