Janus Henderson's Julian McManus Observes Shift Toward International Equities Amid Concerns Over 'Mag 7' Dominance
Julian McManus of Janus Henderson Investors noted that investors are increasingly open to expanding their exposure to international equities. This shift is driven by growing concerns over the overwhelming influence of the “Magnificent Seven” tech companies in U.S. markets, prompting a move toward diversification. The trend reflects investor wariness about concentration risk and an effort to reduce reliance on large-cap technology stocks that have dominated global equity performance recently. McManus highlighted this as part of broader portfolio rebalancing strategies aimed at mitigating potential volatility tied to the “Mag 7” group.
Topics: diversification international equities Magnificent Seven U.S. stocks