The American stock market has been on a historic run for the past five years. Meanwhile, foreign stocks have hit a very bumpy time, especially in emerging markets. But one of the strange things about recent investing trends is how slow investors have been to react to these things. Recent figures show, though, that that has started changing.
In 2013, while the S&P 500 was increasing by nearly 30 percent, foreign stock funds still took in roughly three times as much as U.S. stock funds, by a margin of $146.2 billion to $48.5 billion. This January, the margin was closer to two to one.
And now that we have figures for February, we can see that the gap has almost disappeared. That month, foreign stock funds took in $10.9 billion in new assets, while domestic ones took in $9.0 billion. It will be interesting to see if American funds have taken the lead by March.
No comments:
Post a Comment