The Brussels think-tank Bruegel qualifies the scale of the flight of European savings to the United States in an analysis presented on Thursday 11 September, highlighting certain geographical biases among investors.
“Investors overweigh their own countries in their investment portfolios, relative to the global market size”, notes Bruegel.
According to the economic think tank, the European insurance companies and pension funds (ICPF) sector shows a preference for investing within the...