Wednesday, August 31, 2016

Investors pull most from U.S. stock funds invested abroad since May -ICI

By Trevor Hunnicutt

NEW YORK, Aug 31 (Reuters) - Investors took back the most

money since May from U.S.-based funds that buy international

stocks, further hemming in their exposure to Europe and Japan,

Investment Company Institute data for the latest week showed on

Wednesday.

The international stock funds recorded $2.2 billion in

withdrawals during the week, the data showed, the largest

outflows since roughly the same amount fled the funds at the end

of May.

"A stronger U.S. dollar,

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