China’s Stock Rout May Not Impede Money Flows to International Funds
A panel displaying the closing Hang Seng Index is shown outside a bank in Hong Kong.
The recent currency devaluation and stock market rout in China pose little threat to the long-standing inflows to international equity funds, with U.S. investors still counting on global quantitative easing to boost their fund returns, experts say.
Mutual funds invested in international equities were the only mutual fund category that saw consistent inflows in 2015. The net inflow has swelled to more than $98 billion so far this year, after gaining a lofty $27 billion over the last six weeks, according to data provided Wednesday by Investment Company Institute. Details