Investors voting with their feet on Europe – Bloomberg ...News

Withdrawals from European stock funds have reached nearly $30 billion since the beginning of the year European stock funds have just suffered 16 straight weeks of investment outflows, Bloomberg reported on Friday, citing fund flow data from a research note by Bank of America strategists. According to the report, total withdrawals amounted to $27 billion since the start of the year, with Europe recording the biggest outflows among major regions at $4.6 billion in the past week alone. Analysts link the region’s underperformance with growing investor preference for tech stocks with high capitalization, which have a m

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