A report due to be released in full by Artemis Financial Wealth Management pertaining to US Equity Views will state that US Mutual Funds are on the move and migrating mainly to European markets.
US large-cap mutual funds have and continue to boost both European and Asian stock holdings.
While Asia has only seen an approximation of less than 3% of this migration, Europe has dominated the move.
Foreign stock holdings were at less than 1.5% in 2000 but are now up to as much as 8% of equity assets.
The full report is due for general release towards the end of October.
