22-05-2025
Why I'm backing the firm I can see from my window
For younger investors like me, it's hard to imagine a time when having most of your investments in the US and other global markets was against the norm.
The S&P 500 — the US's main market — is the backbone of many portfolios. US stocks make up between 60 and 70 per cent of most global tracker funds. Even the fund Lindsell Train Global Equity, known for being underweight in the US, has about 40 per cent of assets in the States (the largest allocation by country).
But only about two decades ago most UK savers would have had a very different stock market at the centre of their asset allocation. Historically, investors and wealth management companies had what is known as 'home bias': a
