In addition, 92% believe that global resources and expertise will be essential to successfully manage investments in the coming decade, and 63% think that clients’ portfolios are currently underweighted in global funds. In the next three to five years, 83% expect their clients to increase their exposure to global funds.
“We are witnessing a shift where financial advisers and investors increasingly consider global investing as a part of their core portfolio,” said David McSpadden, senior vice president of global advisory services for Franklin Templeton. “Continued expansion of international trade and growth of a new consumer class will drive change over the next decade. Financial advisers recognize these shifts and are selecting investments positioned to take advantage of opportunities fueled by global growth.”