Business Insider -
16 Aug 2013 11:48

European equity funds just had their biggest week in more than two years, taking in $2.3 billion in new assets under management (AUM). Curiously, in the same week, U.S. equity funds - which have seen robust expansion of AUM all year, including recent notable inflows of $2 billion a day at the beginning of July - got hit with their first outflows in seven weeks as investors redeemed $1.9 billion. "Largest weekly inflows to European equity funds in more than 2 years ($2.3bn) confirms Europe back i...
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