As International Equities Flows Set Records, Lean on Fundamentals

Non-U.S. equities attracted a record $60 billion of inflows in January as investors shift allocations abroad amid domestic concentration risk, Fed uncertainty, and policy concerns. The sizable flow signals a risk-on tilt that could bolster foreign equity performance relative to U.S. markets and influence FX and global allocation trends.

Analysis

Non-U.S. equities attracted a record $60 billion of inflows in January as investors shift allocations abroad amid domestic concentration risk, Fed uncertainty, and policy concerns. The sizable flow signals a risk-on tilt that could bolster foreign equity performance relative to U.S. markets and influence FX and global allocation trends.