Appetite for foreign equities growing in US:
"AMG data also show that of the net $123bn invested in US equity mutual funds this year, including exchange traded funds, fully $108bn, or 88 per cent, has gone into funds investing in overseas companies. By contrast in 2005, of the net $147.5bn invested in US mutual funds, 60 per cent, or $86bn, was invested in funds containing international equities.
Other data services also show a strong appetite for foreign equities among US domestic investors. As of August 31, 86.8 per cent of $118.56bn in net equity flows for this year have migrated offshore, according to the Investment Company Institute."
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