Europe gains traction amid doubts over US assets, global money managers say
  • May 21, 2025

Europe gains traction amid doubts over US assets, global money managers say

LONDON (Reuters) -Asset managers at Goldman Sachs and JPMorgan are fielding more investor enquiries about the resilience of U.S. assets and helping clients move more money to Europe ahead of more potential trade-related market turmoil, executives said. The clock is ticking on President Donald Trump's 90-day pause on "reciprocal" tariffs that threaten to upend global trading ties and deepen the trade conflict between the world's biggest superpowers. Markets have rallied back since Trump eased many of the tariffs but that has only partially restored confidence, executives said.