Market Innovation

State Street Pulse Survey

What’s trending in 2020? Bulls and bears, semi-transparent exchange-traded funds (ETFs) and digital assets, just to name a few.

January 2020

In a State Street Pulse Survey conducted in November 2019,* responses from 102 asset managers and owners show institutional investors closely split between bullish and bearish outlooks for global markets.

Only 56 percent of institutions describe their 2020 outlook as bullish, with larger institutions appearing more sanguine than smaller ones.

Despite the uncertainty, respondents appear more confident when it comes to areas of the market that are pushing new boundaries. Nearly half of the respondents in our survey (47 percent) say semi-transparent ETFs will play a significant role in their firm’s future portfolio strategy.

Digital assets are also gaining credibility among institutions. Only six percent of survey respondents reported that they have no digital assets-related investments and no plans to invest in the next year. An additional 38 percent of respondents said they will increase their allocation and 45 percent will maintain the same allocation.

READ MORE

*The 2019 State Street Markets Innovation Pulse Survey is based on 102 responses from asset managers and asset owners. The firms are primarily based in the US serving in investment management, investment operations or executive functions. We conducted this research in partnership with Oxford Economics.