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U.S. Investment in non-U.S. Equities

According to U.S. Federal Reserve data, U.S.

investment in non-U.S. equities as of Q3 2016

was $7.2 trillion, up 9% from the Q3 2015

level of $6.6 trillion.

International Investing

Levels (US$ billions)

Net Flows (US$ billions)

0

1000

2000

3000

4000

5000

6000

7000

8000

2016

2015

2014

2013

2012

2011

2010

2009

20

0

8

2007

2006

2005

2004

2003

2002

2001

2000

1999

1998

1997

1996

1995

1994

1993

1992

1991

1990

1988

1989

1987

1986

1985

1984

1983

1982

1981

1980

-400

-300

-200

-100

0

100

200

300

400

500

Levels

Net Flows

38