In global mutual fund industry, American mutual funds play a leading role.

全球的证券基金中，美国的证券基金占主导地位。

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According to HSBC, this year there have been no net inflows into American money-market mutual funds.

据汇丰银行称，今年美国货币市场共同基金没有出现净流入。

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American alternative mutual funds were wildly popular in 2009.

美国人在2009年疯狂追捧共同基金。

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American mutual funds have gradually increased their overseas allocation of equities since 2003 from 15% to 22.5% of assets, says Mr Jen.

ECONOMIST: Economics focus

Perhaps the most damning finding of all, though, comes from comparing the British study's results with those of the yet-to-be-published article on the performance of American mutual funds.

ECONOMIST: Mutual suspicion

Emerging-market assets make up only 2.1% of all money invested in American equity mutual funds.

ECONOMIST: Why emerging markets are flavour of the moment