International-focused stock funds see biggest inflows in 4 weeks -ICI
May 27, 2015 at 13:28 PM EDT
By Sam Forgione NEW YORK, May 27 (Reuters) - Investors in U.S.-based mutual funds poured $4.3 billion into funds that specialize in international shares in the week ended May 20 as part of a continued rotation into European shares, data from the Investment Company Institute showed on Wednesday. The inflows were the biggest in four weeks for the funds and marked their 20th straight week of new demand, according to the data from ICI, a U.S. mutual fund trade organization. Funds that speci