The tremendous rally in US technology stocks and global chip shortages have been two prominent themes that prompted many rich Indians to invest in US an Greater China equities in past one year. The investment advisors have used the opportunity to push for a global diversification of portfolios. The number of mutual funds offering global investment opportunities have multiplied in past one year.
Recently, a number of advisors of have started pushing for a material exposure in European equities. The push has gathered more force after the recent FOMC meeting. This seems to be a global trend as most investors and traders are finding the valuations in European equities much cheaper; ECB and BoE more supportive, and volatility lower. In fact, over the past few weeks, European equity flows have been at the highest levels in three years.
It seems that lot of investors might be crossing the Atlantic to land at European shores this summer. Some adventures ones may even cross the Caspian Sea and Travel all the way to Greater China.
Read our weekly report "Trekking Markets & More with InvesTrekk" here
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