Growing US trend hit by lack of choice

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US funds are currently enjoying an upsurge in popularity, with investors attracted by a recovering d...

US funds are currently enjoying an upsurge in popularity, with investors attracted by a recovering dollar and the country's first in, first out position in terms of the current slowdown. As revealed in last week's paper, several multi-managers are shifting assets towards the US at the expense of European markets. But while these managers can play the market through ETFs for example, ordinary investors will be hampered by the age-old problem if they want to follow this trend - the basic lack of choice among US funds. Looking at the US vehicles used by Credit Suisse for example, multi-m...

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