In the Margins

Foreign-focused funds falter

December 16, 2015

By Reuters

Investors pulled $1.2 billion out of U.S. mutual funds invested in foreign shares in the week ended Dec. 9 after a smaller-than-expected stimulus move from the European Central Bank hurt European shares. The outflows from foreign-focused stock funds were the biggest since the week ended Dec. 22, 2014, according to data released Wednesday from the Investment Company Institute. Read the original story from Reuters.

 

 

Most Read