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ICI: Wary U.S. Fund Investors Tiptoe Into Stocks In Latest Week

TedTed
in The Bullpen
FYI: U.S. fund investors crept into stocks as emerging market sentiment deteriorated, betting on a resolution of discord over Turkey and emerging markets, Investment Company Institute (ICI) data for the latest week showed on Wednesday.

Stock mutual funds and exchange-traded funds (ETFs) based in the United States netted $779 million in the week ended Aug. 15, ICI said, as the Turkish lira plunged to an all-time low and investors fretted about possible contagion in emerging markets.
Regards,
Ted
https://www.reuters.com/article/us-usa-mutualfunds-ici/wary-u-s-fund-investors-tiptoe-into-stocks-in-latest-week-ici-idUSKCN1L71U9
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