Posted on 06/20/2002 10:15:36 PM PDT by bloggerjohn
Edited on 07/19/2004 2:10:03 PM PDT by Jim Robinson. [history]
London, June 21 (Bloomberg) -- In New York, Singapore, Tokyo, Paris and London, fund managers are trimming their U.S. assets and buying in Europe or Asia instead.
Henderson Global Investors Ltd., Julius Baer Investment Management Inc. and Axa Investment Managers all have shrunk the U.S. portion of their global equity funds this year. Henderson has tripled Asia's share, Julius Baer has beefed up European holdings and Axa has done a combination of both.
(Excerpt) Read more at quote.bloomberg.com ...
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