|
|
Article: Retail investors lag in global investing; Institutions, meanwhile, continue to plow money into the strategy.(News)
- Article from:
- Investment News
- Article date:
- August 27, 2007
CopyrightCOPYRIGHT 2007 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Jeff Benjamin
DETROIT - Institutional investors have put more money into global strategies since the start of the year, but retail investors and their financial advisers so far seem to be behind the curve.
Mutual fund investments show that retail investors, when seeking international exposure, continue to favor pure international strategies, which invest only outside the United States, over the global perspective, which includes the United States.
Institutional investors, on average, increased their global investment allocations to 15.4%, from less than 2% at the end of last year, according to Eager Davis & Holmes LLC, a Louisville, ...