After being up around 30%-50% last year, foreign/emerging value is up another 15-20% this year. You’re seeing the narrative shift with advisors a bit, ever so slightly. It seems to be moving from “don’t even bring up foreign stocks, they’ve underperformed for 15 years, barf” to something like “(deep breath)…I know we need to add some, but just haven’t gotten around to it yet.” Most are well under the index weight of 30% in ex-US stocks, and many are still at zero.
How much do you have?
