Mon, Jul 28, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Legg Mason survey finds global investors tend to shun overseas market for income

Monday, April 08, 2013

Beverly Chandler, Opalesque London: A survey of global investors from Legg Mason finds that worldwide investors tend to shun overseas markets for income and US investors have the least international exposure while Asian investors have the most.

Less than 20% of global investors’ income-producing securities are invested outside their domestic markets, the survey found. The research also found that investors globally are seeking, on average, an annual investment return of 8.9%, but in reality are receiving 6.1%: a shortfall of 2.8%. Some 3,000 investors across 13 countries were polled for the survey and there were wide variations across regions. The firm writes: "In the US, for instance, just 11% of investors’ income assets are invested abroad – the lowest percentage in the survey – with French investors (13%) similarly inclined to eschew international markets".

Asia found more globally minded investors with 33% of Hong Kong investors’ income assets invested abroad, followed by Taiwan (32%), Japan (29%) and Singapore (27%). In Europe, Spanish (27%) and UK (21%) investors are the most exposed to international income.

Legg Mason’s survey found that income investors globally cite a number of reasons for their general avoidance of foreign markets. "The main barriers to international investing for income are 'global uncertainty’ (55%),......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Events – AIMA Australian Hedge Fund Forum, Sept. 16, Sydney[more]

    AIMA Australia invite you to join us at our annual Hedge Fund Forum on Tuesday 16th September 2014 at the Sofitel Sydney Wentworth. The AIMA Australian Hedge Fund Forum is a non-profit hedge fund conference organised by the industry for the industry, featuring quality Australian and internation

  2. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  3. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag

  4. Opalesque Radio: Now is a good time to buy protection cheaply in the options market[more]

    Benedicte Gravrand, Opalesque Geneva: Investors are showing an increased interest in risk parity funds and strategies, Opalesque reported last year. Risk parity strategies have the

  5. Winton’s low-cost equities fund tops $1bn for first time[more]

    From FT.com: Winton, the London-based hedge fund, has increased the assets in its low-cost equities fund to more than $1bn for the first time in a sign that traditional stock managers may come under increasing pressure from computer-driven rivals. Winton, which manages about $25bn in total ass