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

10 Things
10 Things...to read in summer 2025

It's officially summertime, which means FBV's annual Summer Reading List is here. We curate the list each year by soliciting recommendations from our readers and friends ...

Top of the Agenda - Governance
ASA board enlarged, timeline to AGM unclear

ASA Gold and Precious Metals Ltd. shareholders voted at a special meeting last week to enlarge the closed-end fund's board and elected a fifth independent director, one ...