Beyond borders; International/global managers see assets increase 26% to $7.61 trillion, powered mostly by returns from strong markets worldwide.(Special Report: International/Global Managers)

Pensions & Investments, June, 2007

Byline: Douglas Appell Institutional investors worldwide continued to look beyond their home markets when allocating money during the year ended March 31, buoying money managers' overseas accounts by more than a quarter. The 185 investment management firms in Pensions & Investments' directory of international and global managers reported a combined $7.61 trillion in assets managed for worldwide institutional clients as of March 31, up 26% from $6.06 trillion the year before.

That gain came on the heels of a 32% jump in assets reported in 2006. For the year ended March 31, the Morgan Stanley Capital International Europe Australasia Far East index jumped 20.2% while the S&P 500 index gained 11.8%. The MSCI World index climbed 15.99%. European and Asian...

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