Financial Research Corporation (FRC) has published its “World of Opportunity in International Funds” study that tracks changes in adviser usage of international products.
The report delivered a detailed analysis of data drawn from FRC’s adviser survey, FRC IMPACT fund database, and market intelligence to generate key trends and actionable ideas for executives looking to develop or ensure continued success in the international product market.
In addition to naming the most reputable international fund managers, FRC reviewed those managers against the changes in product usage noted by advisers. The largest allocators, those with more than 20 percent invested in international products, were fee-based and were on average the highest revenue producers.
Aside from American Funds, the most mentioned fund managers that were unique to this group included Thornburg and DFA.
“The largest percentage of advisers wish manufacturers would focus on structures that reduce the cost of international investing, such as developing core and satellite products with a passive portfolio at the core,” said Owen Concannon, FRC’s senior research analyst and subject matter expert.