Recent mutual fund flows have picked up momentum in international markets, partly driven by advisors looking for buying opportunities and increased diversification.
Data provided by the Investment Company Institute showed heavy inflows for international long-term mutual funds and large outflows in domestic products for a one-month period ending Sept. 10. Flows into international equities have outpaced U.S. equities $135 billion to $28 billion over the past one-year period, according to Morningstar. For August there was an estimated $5.5 billion of inflows toward international equities, compared to $9.5 billion in U.S. equity outflows, according to Morningstar.
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