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International Business Times
International Business Times
Business

Investors Look Overseas as Magnificent Seven Concerns Grow. Janus Henderson Sees Opportunities in Europe and Asia

Investors are increasingly looking to Europe & Asia instead of the U.S. stock market as concerns mount over the heavy concentration of the "Magnificent Seven" technology giants in major indexes. (Credit: NICOLAS GUYONNET/Hans Lucas/AFP via Getty Images)

Investors are increasingly looking beyond the U.S. stock market as concerns mount over the heavy concentration of the "Magnificent Seven" technology giants in major indexes, according to Janus Henderson Investors portfolio manager Julian McManus.

In an interview with CNBC, McManus said the recent outperformance of international markets is encouraging financial advisers and investors to reconsider their global allocations after years of favoring U.S. equities.

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