ISTANBUL

Nearly one in three Dutch private investors say they are investing less in the United States, amid rising geopolitical tensions between Washington and Europe, according to a survey published on Friday by Dutch bank ING.

The bank said investors are increasingly redirecting funds toward European markets, citing concerns about stability and political uncertainty.

“The tensions are making investors think; they’re making much more conscious choices now,” Bob Homan, head of the investment office at ING, said.

He added that many are seeking stability in European markets, Dutch broadcaster NOS reported.

The survey also found that 49% of respondents are buying fewer or no American products and traveling to the US less often or not at all.

However, ING said there is no sign of a mass exodus from US stocks. Homan described the trend as a logical reaction, noting that “the US stock market is also lagging behind Europe and the rest of the world.”

Overall investor confidence remains stable despite earlier volatility linked to tariff tensions, the survey found.

“They remain steadfast because investors were not significantly affected by the tariff war, when stock markets temporarily fell,” Homan said.

The survey also pointed to growing interest in sustainable investments, particularly in wind and solar energy companies, partly driven by rising energy demand from artificial intelligence-powered data centers.