Investors poured over $26.8 billion into long-term mutual funds in October, nearly twice the assets added in September, Morningstar reported on Wednesday.
Other than U.S. equities, all the asset classes had inflows during October, according to the report. International equity funds had their best month since April, with inflows of $5.7 billion, continuing the pattern of strong flows into diversified emerging market equity funds. The good news is that the pace of outflows from domestic-equity funds slowed.
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