Global equities shift from US to emerging markets

Asset allocation analysis for global equity portfolios, by fund research house Forsyth Partners, sho...

Asset allocation analysis for global equity portfolios, by fund research house Forsyth Partners, shows a shift away from the US to emerging market equities and to Japan and Europe. The analysis carried out shows the average manager has raised his cash weighting slightly while trimming exposure to the major markets. Peter Toogood, head of research at Forsyth Partners, commented: "While many managers recognise the US market will probably continue to be the driver, they see prospects for the European markets improving." In Japan, the story remains centred around 'new Japan', an area where...