Bonds Without Borders: Global Funds Can Take Your Portfolio Anywhere
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The concept of the global stock fund is well accepted. If U.S. bank stocks scare fund managers, maybe they can find banks with better risk-return profiles in Brazil or India. There’s not much to buy in Detroit, but perhaps managers spot value in Toyota or BMW. Coca-Cola, McDonald’s and Philip Morris International are world leaders. Fund managers can pick and choose stocks in a borderless investment world.
admin @ July 25, 2009