Investors bullish on global equity strategies over regional approach

ii's Top 50 Fund index

Investors are opting for strategies favouring a global approach that provides them with exposure to US technology stocks and spreads risk.

According to interactive investor's first edition of its Top 50 Fund index, nearly one in three funds in the index invest in global shares. These included names such as Scottish Mortgage, Fundsmith Equity or HSBC FTSE All World index funds.  The US market ranked second in terms of popularity, with seven funds featuring among the 50 listed. Meanwhile, the UK had only three funds included by ii, while India had two and Europe and Asia Pacific one each. Deep Dive: Investors and managers diverge on cash balances amid high interest rates In addition, six out of the top ten funds were pa...