The world economic crisis has accelerated the globalization of finance-at least in the eyes of many investors. Asset managers that once focused primarily or even exclusively on the U. S. have been compelled to look beyond its borders not only to keep abreast of developments overseas that could affect American markets-the Arab Spring and Europe's sovereign-debt debacles, among others-but also to avail themselves of better opportunities that exist in other countries. "Our clients, particularly the larger ones, are. global," explains Noelle Grainger, J.P. Morgan's head of U.S. equity research. "They might not be investing truly globally, but they have to think about issues globally, and it's important to make sure that we're driving our strategic initiatives in that direction as well."
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