Global growth gains from US

The top quartile funds in the UK-based global growth sector continue to thrive on higher US weightings compared to the bottom quartile, according to Lipper. That pattern has continued with the top quartile funds holding between 4% and just over 8% more in the US compared to the bottom quartile funds at the end of December 2000 and at the end of each month in 2001. The top quartile performers increased their exposure to North America from an average of 35.9% at the beginning of January to 42.5% at the end of June, an increase of more than 6%. On average, bottom quartile funds held 30....