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deutsche bank reports slight underweight in equity positioning amid market uncertainty

Deutsche Bank reports a modest underweight in overall equity positioning, with discretionary positioning nearing neutrality ahead of the April 2 tariff announcements. While underweight positioning is widespread, it is less pronounced in mega-cap growth and technology sectors. Systematic strategies remain notably underweight due to high volatility, despite strong inflows supporting the equity market, particularly in March.

stock market selloff expected to persist amid trade policy uncertainties

Global equity markets are shifting towards an underweight status, with positioning at the 26th percentile, driven by ongoing trade policy uncertainties. Discretionary investor positioning is slightly underweight at the 41st percentile, while systematic strategies have dropped to a near two-year low at the 24th percentile. Investor sentiment remains low, with most sectors underweight and a significant reduction in equity exposure noted among volatility control funds and Commodity Trading Advisors.
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