Coutts shifts £2bn from UK shares to overseas funds, raising concerns amid market uncertainty (Communities - News & Events)

Item ID 2615555 in Category: Communities - News & Events

Coutts shifts £2bn from UK shares to overseas funds, raising concerns amid market uncertainty
Established in 1692, Coutts has practical experience in serving clients with more than £1 million in fluid resources and oversees £43.1 billion of client resources. Notwithstanding, working benefit tumbled from £436 million to £291 million last year. Numerous portfolio chiefs have shown a nation of origin predisposition, leaning toward UK recorded values, however this has hampered returns because of the underperformance of UK values lately. A 'nonpartisan' weighting in a portfolio shows a UK designation of just around 3.8 percent, as per the MSCI World Record, mirroring the presentation of significant organizations across 23 created markets.
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2024-06-09 (0.776 sec)