Market Trends of North America Mutual Fund Industry
This section covers the major market trends shaping the North America Mutual Fund Market according to our research experts:
Market Securities Held By Mutual Funds in United States
Mutual funds have emerged as a vital link between consumers and financial markets, particularly the stock market. Mutual funds have enabled a growing number of families to participate in the financial markets by providing liquid, low-cost shares in a diversified portfolio of financial assets selected by experienced money managers. Indeed, about half of all families in the United States now possess mutual fund shares. Mutual funds' prominence in financial markets has grown in tandem with their appeal as an investment tool. About one-fifth of publicly traded U.S. corporate stocks are held by mutual funds.
Increase in Technology Shares of Investments funds in North America
Investment funds' intention towards spending on blockchain differed greatly between regions in 2020. Whilst a net 41% of respondents in the Asia Pacific region intended to increase blockchain spending in the next year, a net 6% of respondents in North America reported they would decrease spending. European investment funds were in between, with a net five percent reporting a spending increase.
Investment managers are engaging with clients in some ways not possible earlier. Firms are utilizing technology to interact with clients through digital channels, handle client queries through intelligent chatbots, leverage virtual meetings in their sales and relationship building processes, and provide customized reporting. Survey results indicate that 38% of respondents from digitally advanced firms expect significantly better revenue prospects in 2022 compared to just 13% for other, less digitally advanced firms.
