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

A Seat at the Table
We've had A Seat at the Table — for 10 years

The very first independent chair we profiled for FBV was Leigh Wilson at Victory Funds, for our A Seat at the Table section. Victory Capital Management had recently redefined itself ...

Top of the Agenda - Governance
Fewer women, minorities among new fund directors

After years of making gains in filling fund board seats, women and individuals representing minority groups lost significant ground in the most recent two-year period measured ...