FYI: In its highly anticipated September announcement, the Federal Reserve revealed its decision
not to raise interest rates amid concerns over a weaker-than-previously-thought U.S. economy
and the low U.S. inflation rate. Even after the announcement, there was still a certain level of
uncertainty lingering in the markets. The majority of flows in September went into international
equity funds, especially in Europe, the area most likely to see potential future growth in light of
the European Central Bank’s ongoing quantitative easing.
Regards,
Ted
http://corporate.morningstar.com/us/documents/pr/AssetFlowsOct2015.pdf Fund Wire Slant:
http://www.mfwire.com/common/artprint2007.asp?storyID=52980&wireid=2