Funds load up on cash as euro fears intensify: Reuters Poll

LONDON (Reuters) - Global investors, fearful of the escalating euro zone sovereign debt crisis and slowing world economy, retreated sharply from equities in May and held more cash than at any stage since the crisis erupted in early 2010, a Reuters poll showed on Thursday.

Do global funds live up to their name?

When there's the word "global" in the name of your fund, you'd be forgiven for assuming that it would invest in shares scattered across the world.