Mercer Consulting: Funds are withdrawing from US assets due to Trump factors.

On September 18, Jin10 reported that analysis from Mercer Consulting indicates that Trump's restructuring of the global trade system and pressure on the Fed to cut interest rates are prompting investors to reduce their allocation to U.S. assets. Hooman Kaveh, the global chief investment officer for the firm in New York, revealed that its management of 3,900 clients (with a total asset size of $17 trillion) is continuously shifting funds from the U.S. to other markets such as Europe and Japan. The outflow of funds stems from concerns over tariff policies, Trump's interference with the Fed, rising deficits, and expectations of a weakening dollar. "Trump's second term has become a real catalyst for diversified allocation," Kaveh said in an interview this week. "We are clearly observing that client portfolios are flowing into diversified markets, regions, asset classes, and currencies."