'Buy American' Is Hurting Clients' Portfolios

Feb 18, 2010 / By James Picerno
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The U.S. slice of the global equity pie is shrinking, yet most American portfolios are still tilted in favor of domestic stocks. Whether this "home bias" demonstrates a behavioral failing or is just a bad habit left over from another era, increasing your allocation to foreign equities would lower risk and help clients achieve better returns.

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