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.

 

 

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