Whereas in the past investors were switching their assets readily between United States stocks and, say, emerging market stocks, an improvement in the United States economy could make the nation's stocks more attractive.
'We had indications from within Belgrade on 19 April that there were frantic moves to switch his assets to safer tax havens including Liechtenstein, but obviously Nato had different priorities,' a British intelligence source told The Observer.
That fear is shared by others, who say that it makes sense to switch into assets more tied to domestic markets, such as banks.That said, a pick-up in growth in Japan and Europe ought to cushion the blow to exporters from an American slowdown.
For instance, the rail manufacturing industry aims to move from selling just products to selling services, as has happened for other sectors: "In other infrastructure sectors such as telecommunication, differentiation can in extreme cases even lead to switching from selling assets to becoming a service provider, offering accessibility as a service to the previously sold assets" [36].
As Lehman's troubles grew last year, many funds began to withdraw assets, switching to larger, more stable banks.
As Lehman's troubles grew this year, many funds began to withdraw assets, switching to larger banks like Credit Suisse.
But even the Bank of England's own pension scheme is not switching to higher-risk assets.
With Japanese interest rates now heading up as well, such investors may have to think of a new game.So far, however, there are few signs that they are dumping non-Japanese assets and switching back into yen.
After advising Venezuela's Cisneros family on switching their Pepsi-bottling assets to Coca-Cola in 1996 and then selling them to Panamerican Beverages, a large Latin American Coke bottler, McCausland asked Oswaldo Cisneros to fly to Lima, Peru.
After advising the Cisneros family on switching their Pepsi-bottling assets to Coca-Cola in 1996 and then selling them to Panamerican Beverages, a large Latin American Coke bottler, McCausland asked Oswaldo Cisneros to fly to Lima, Peru, to meet with the owner of local soft drink Inca Kola, which Coca-Cola wanted to acquire.
