{"id":120367,"date":"2025-12-30T02:06:59","date_gmt":"2025-12-30T02:06:59","guid":{"rendered":"https:\/\/www.europesays.com\/se\/120367\/"},"modified":"2025-12-30T02:06:59","modified_gmt":"2025-12-30T02:06:59","slug":"miljardflykt-fran-aktiva-fonder-nar-de-krossas-av-index","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/se\/120367\/","title":{"rendered":"Miljardflykt fr\u00e5n aktiva fonder n\u00e4r de krossas av index"},"content":{"rendered":"

Ungef\u00e4r 1.000 miljarder dollar<\/strong>, motsvarande cirka 9,2 biljoner (9.200 miljarder) svenska kronor, plockades ut fr\u00e5n aktivt f\u00f6rvaltade aktiefonder under \u00e5ret, enligt uppskattningar fr\u00e5n Bloomberg Intelligence, baserade p\u00e5 ICI-data.\u00a0<\/p>\n

Det markerar det elfte \u00e5ret i rad med nettoutfl\u00f6den ur dessa fonder, medan passivt f\u00f6rvaltade b\u00f6rshandlade fonder (som \u00e4r knutna till enskilda aktier eller index) s\u00e5g infl\u00f6den p\u00e5 \u00f6ver 600 miljarder dollar under \u00e5ret.<\/p>\n

Utfl\u00f6dena fr\u00e5n de aktiva fonderna skedde gradvis under \u00e5ret, i takt med att investerare omv\u00e4rderat om det \u00e4r v\u00e4rt att betala f\u00f6r handplockade portf\u00f6ljer n\u00e4r de inte gett lika bra utdelning som index.<\/p>\n

Anledningen? En<\/strong> liten, t\u00e4tt sammanslingrad grupp j\u00e4ttar stod f\u00f6r en oproportionerlig del av avkastningen under \u00e5ret \u2013 de s\u00e5 kallade \u201dmagnificent seven\u201d.<\/p>\n

\u201dKoncentrationen g\u00f6r det sv\u00e5rare f\u00f6r aktiva f\u00f6rvaltare att lyckas\u201d, s\u00e4ger Dave Mazza, vd f\u00f6r Roundhill Investments, till Bloomberg.\u00a0<\/p>\n

\u201dOm du inte viktar Magnificent Seven enligt index, tar du sannolikt en risk f\u00f6r underprestation.\u201d<\/p>\n

\u00c5rets uppg\u00e5ngar f\u00f6r de magnifika 7<\/p>\n

Microsoft: <\/strong>15,7 procent<\/p>\n

Apple:<\/strong> 9,2 procent\u00a0<\/p>\n

Nvidia:<\/strong> 41,9 procent\u00a0<\/p>\n

Alphabet: <\/strong>65,4 procent\u00a0<\/p>\n

Meta: <\/strong>13,3 procent\u00a0<\/p>\n

Amazon:<\/strong> 6 procent\u00a0<\/p>\n

Tesla: <\/strong>17,7 procent<\/p>\n

Breda index S&P 500: <\/strong>17,8 procent<\/p>\n

Under f\u00f6rsta halv\u00e5ret <\/strong>var det m\u00e5nga dagar n\u00e4r bara en av fem aktier drev en uppg\u00e5ng p\u00e5 marknaden, enligt data fr\u00e5n BNY Investments. Och n\u00e4r lyft g\u00e5ng p\u00e5 g\u00e5ng drivs av enskilda aktier kan breda investeringar snarare skada avkastningen.<\/p>\n

Hela 73 procent av de amerikanska aktiefonderna har presterat s\u00e4mre \u00e4n sina j\u00e4mf\u00f6relseindex i \u00e5r, enligt BI:s Athanasios Psarofagis.<\/p>\n

Men det finns undantag:<\/strong> Dimensional Fund Advisors LP:s fond \u201dInternational Small Cap Value Portfolio\u201d gav drygt 50 procents avkastning i \u00e5r. Med det slog fonden b\u00e5de j\u00e4mf\u00f6relseindex och breda index S&P 500.<\/p>\n

Portf\u00f6ljen inneh\u00e5ller cirka 1.800 aktier, n\u00e4stan alla utanf\u00f6r USA, med stor exponering mot finans, industri och r\u00e5varor.<\/p>\n

\u201dAlla vet att global diversifiering \u00e4r vettigt, men det \u00e4r v\u00e4ldigt sv\u00e5rt att h\u00e5lla sig disciplinerad och faktiskt uppr\u00e4tth\u00e5lla det. Det h\u00e4r \u00e5ret ger en riktigt bra l\u00e4rdom\u201d, s\u00e4ger Joel Schneider, vice chef f\u00f6r portf\u00f6ljf\u00f6rvaltning i Nordamerika p\u00e5 f\u00f6retaget till Bloomberg.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Ungef\u00e4r 1.000 miljarder dollar, motsvarande cirka 9,2 biljoner (9.200 miljarder) svenska kronor, plockades ut fr\u00e5n aktivt f\u00f6rvaltade aktiefonder…\n","protected":false},"author":2,"featured_media":120368,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[65],"tags":[72,70,71,34,31,33,32,30],"class_list":{"0":"post-120367","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ekonomi","8":"tag-business","9":"tag-economy","10":"tag-ekonomi","11":"tag-se","12":"tag-svenska","13":"tag-sverige","14":"tag-sweden","15":"tag-swedish"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@se\/115806079715450554","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/posts\/120367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/comments?post=120367"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/posts\/120367\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/media\/120368"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/media?parent=120367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/categories?post=120367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/tags?post=120367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}