The vast majority of advisors believe that global resources and expertise is key to successfully manage investments in the next decade, according to a new Franklin Templeton Investments [see profile] survey
Of the 556 financial advisors who responded to the survey, 71 percent believe the greatest investment opportunities over the next decade will be outside the U.S., and 63 percent of U.S. advisors think that clients' portfolios are currently under-weighted in global funds. And 83 percent of advisors expect the average amount their clients invest in global funds to increase over the next three to five years.
"We are witnessing a shift where financial advisors and investors increasingly consider global investing as a part of their core portfolio," stated David McSpadden
, senior vice president of Global Advisory Services for Franklin Templeton Investments.
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