Among 10,000 participants, 11% plan to sell holdings in these companies for profit and reduced exposure.
Younger investors with 71% lead in portfolio adjustments compared to 37% of those over 55.
A noteworthy trend revealed by the latest Retail Investor
Beat (RIB) report from the trading and investment platform eToro that more than one in
four retail investors worldwide are planning to scale back their investments in
the prominent 'Magnificent 7' big tech stocks throughout 2024. The survey,
which encompassed insights from 10,000 retail investors across 13 countries,
highlighted a notable shift in investment strategies among respondents.
Reduced Exposure to Magnificent 7
According to the findings, 27% of retail investors are
intending to reduce their exposure to the Magnificent 7, which includes tech
giants such as Amazon, Apple, Microsoft, Meta, Tesla, Nvidia, and Alphabet. Of
this group, 11% explicitly stated their intention to sell some of their
holdings in these companies to secure profits and diminish their exposure to
these market-leading stocks. An additional 16% expressed plans to decrease the
amount of new capital they allocate to these tech behemoths in the coming
months.
Commenting on the data, eToro’s Global Markets Strategist, Ben Laidler, said: “The much hoped-for cuts in global interest rates are set to
move from hope to reality over the summer as the Fed, ECB, and Bank of England
all take action. This will help to support economies, earnings growth, and
stock market valuations, while driving a major rotation away from the US and
big tech stocks towards more economically sensitive and cheaper areas, like
real estate, small caps, Europe and emerging markets.”
Contrast in Performance and Anticipated Market Shift
The RIB report underscored a contrast to the spectacular
performance witnessed by these seven companies over the previous 14 months,
during which their collective share prices soared by an impressive 90% since
January 2023. The anticipated market shift coincides with expectations of
forthcoming interest rate cuts in 2024, which are anticipated to stimulate a
resurgence in other, more cyclical sectors within the equity market.
Commenting on the findings, a spokesperson from eToro noted:
"As our latest Retail Investor Beat data illustrates, a significant number
of retail investors want to get ahead of this trend by adapting their
portfolios accordingly while also locking in some profits from the Magnificent
7 juggernauts."
The survey further revealed that the majority of global retail
investors are adjusting their investment strategies in response to the evolving
economic landscape, with 53% planning to rebalance their portfolios ahead of
predicted rate cuts and potential market rotations. Notably, younger investors
appear to be leading this charge, with 71% of investors aged 18-34 indicating
they have already adjusted or plan to rebalance their portfolios, compared to
only 37% of those over 55.
Among those intending to rebalance their portfolios, the
most common adjustment to asset allocation is an increase in equity investments
(48%), followed by reducing cash holdings (36%).
While a notable portion of investors is poised to scale back
investments in big tech in 2024, the data also revealed that many remain
steadfast in their commitment to the sector. Approximately 23% of respondents
indicated they plan to invest more in the Magnificent 7 this year compared to
last, with an additional 34% intending to maintain their current allocation to
these stocks.
Furthermore, when asked about their investment priorities
for 2024, global retail investors showed a strong inclination towards the
technology sector (18%), followed by financial services (12%). Notably, the
survey highlighted a growing interest in AI-related stocks, with the percentage
of investors holding stocks increasing from 27% to 31% in the first
quarter of 2024.
A noteworthy trend revealed by the latest Retail Investor
Beat (RIB) report from the trading and investment platform eToro that more than one in
four retail investors worldwide are planning to scale back their investments in
the prominent 'Magnificent 7' big tech stocks throughout 2024. The survey,
which encompassed insights from 10,000 retail investors across 13 countries,
highlighted a notable shift in investment strategies among respondents.
Reduced Exposure to Magnificent 7
According to the findings, 27% of retail investors are
intending to reduce their exposure to the Magnificent 7, which includes tech
giants such as Amazon, Apple, Microsoft, Meta, Tesla, Nvidia, and Alphabet. Of
this group, 11% explicitly stated their intention to sell some of their
holdings in these companies to secure profits and diminish their exposure to
these market-leading stocks. An additional 16% expressed plans to decrease the
amount of new capital they allocate to these tech behemoths in the coming
months.
Commenting on the data, eToro’s Global Markets Strategist, Ben Laidler, said: “The much hoped-for cuts in global interest rates are set to
move from hope to reality over the summer as the Fed, ECB, and Bank of England
all take action. This will help to support economies, earnings growth, and
stock market valuations, while driving a major rotation away from the US and
big tech stocks towards more economically sensitive and cheaper areas, like
real estate, small caps, Europe and emerging markets.”
Contrast in Performance and Anticipated Market Shift
The RIB report underscored a contrast to the spectacular
performance witnessed by these seven companies over the previous 14 months,
during which their collective share prices soared by an impressive 90% since
January 2023. The anticipated market shift coincides with expectations of
forthcoming interest rate cuts in 2024, which are anticipated to stimulate a
resurgence in other, more cyclical sectors within the equity market.
Commenting on the findings, a spokesperson from eToro noted:
"As our latest Retail Investor Beat data illustrates, a significant number
of retail investors want to get ahead of this trend by adapting their
portfolios accordingly while also locking in some profits from the Magnificent
7 juggernauts."
The survey further revealed that the majority of global retail
investors are adjusting their investment strategies in response to the evolving
economic landscape, with 53% planning to rebalance their portfolios ahead of
predicted rate cuts and potential market rotations. Notably, younger investors
appear to be leading this charge, with 71% of investors aged 18-34 indicating
they have already adjusted or plan to rebalance their portfolios, compared to
only 37% of those over 55.
Among those intending to rebalance their portfolios, the
most common adjustment to asset allocation is an increase in equity investments
(48%), followed by reducing cash holdings (36%).
While a notable portion of investors is poised to scale back
investments in big tech in 2024, the data also revealed that many remain
steadfast in their commitment to the sector. Approximately 23% of respondents
indicated they plan to invest more in the Magnificent 7 this year compared to
last, with an additional 34% intending to maintain their current allocation to
these stocks.
Furthermore, when asked about their investment priorities
for 2024, global retail investors showed a strong inclination towards the
technology sector (18%), followed by financial services (12%). Notably, the
survey highlighted a growing interest in AI-related stocks, with the percentage
of investors holding stocks increasing from 27% to 31% in the first
quarter of 2024.
T+1 Securities Settlement Looms: Why Automating FX Processes Becomes Key in Managing Risks
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
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🔔 Subscribe to our YouTube channel for more!🔔
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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🔔 Subscribe to our YouTube channel for more!🔔
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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