Morningstar Indexes: Global equity market integration challenges investment assumptions

Link between domestic and global exposure

clock • 3 min read

At a time when many believe we have entered a period of deglobalisation, investor portfolios suggest otherwise.

Lines between ‘domestic' and ‘foreign' allocations are increasingly blurred. Just 22% of revenues from the UK equity market are sourced from within the UK, as of the most recent corporate reporting, down from 29% in 2019. The UK is hardly an outlier. According to Morningstar Indexes' latest geographic revenues research, the majority of equity markets, including the US, Japan, Canada, Australia and most of Western Europe, have become more global in their revenue orientation since 2019. Flows into global sustainable funds slow in Q3 as AUM drops 4.2% This runs counter to the narrativ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Stories of the Week: Shareholders approve LGIM property fund restructure; FCA issues warning notice to Neil Woodford; US inflation spike

Stories of the Week: Shareholders approve LGIM property fund restructure; FCA issues warning notice to Neil Woodford; US inflation spike

LGIM; FCA; US inflation: The biggest stories from the world of investment and asset management this week

Sarka Halas
clock 12 April 2024 • 1 min read
Partner Insight: Is there opportunity for high yield in today's new economic era?

Partner Insight: Is there opportunity for high yield in today's new economic era?

High-yield investors face a challenging backdrop, but attractive opportunities are starting to emerge amid the ongoing uncertainty, says Wellington Management’s Konstantin Leidman.

Sarka Halas
clock 09 April 2024 • 2 min read
Friday Briefing: Shareholders are taking the gloves off in this year's AGM season

Friday Briefing: Shareholders are taking the gloves off in this year's AGM season

Friday Briefing

Eve Maddock-Jones
clock 08 April 2024 • 5 min read
Trustpilot