Authors
Beijia Ma,
Sarbjit Nahal,
Manish Kabra and
Felix Tran
This is the August 2015 edition of Bank of America Merrill Lynch's "Theme Watch", and contributes to their body of work on “A Transforming World”.
It is motivated by a belief that investors should position themselves for lower expected returns from financial markets by concentrating portfolios in assets related to our long-term themes. Theme Watch is designed to help investors consider their tactical thematic asset allocations in light of current market conditions and macroeconomic events. It offers insights on performance, positioning, the Bank of America Merrill Lynch equity client trading flows, and the Bank of America Merrill Lynch Style Cycle across the following themes: climate change & extreme weather, education, energy efficiency, food security, longevity, millennials, obesity and health & wellness, safety & security, waste, and water.