Have we fallen out of love with North America?

SECTOR REPORT

clock • 5 min read

British investors are steering clear of pure-play North America funds despite the market's many attractions, writes Paul Burgin.

The United States and Canada make up nearly 60% of the MSCI World index. Even though eight US companies take top ten slots in the global ranking, it appears British investors are not big fans of direct exposure to the market via North America funds. The North America sector accounts for just 3.1% of all IMA sector assets - or just under 6% of all pure equity assets under management. The lack of enthusiasm among British investors for pure North American exposure may be down to consistency of returns. The sector is beating UK All Companies, Global Emerging Markets and Global sector aver...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Equities

Partner Insight: Are equities really overvalued?

Partner Insight: Are equities really overvalued?

Value dispersion means there are plenty of cheap opportunities

Gareth Jones
clock 09 February 2024 • 1 min read
Partner Insight: How much value is there in UK equities?

Partner Insight: How much value is there in UK equities?

‘As different as they are attractive’

The UK Equities Team at Invesco
clock 07 February 2024 • 1 min read
Partner Insight: The shift to value - still on course?

Partner Insight: The shift to value - still on course?

The tailwinds remain for value investing

Gareth Jones
clock 06 February 2024 • 1 min read