Assets in managed accounts outside the U.S. will more than double in the next four years, according to a new report.

In a study titled "International Managed Accounts," the London office of Boston-based Cerulli Associates said it expects managed account assets in Europe, Asia, Canada and Australia to grow from the current level of $68.8 billion to $83.9 billion by year end. By 2004, Cerulli expects total assets in managed accounts in these regions to reach $132.1 billion and, by 2006, to surpass $207 billion.

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