Morningstar recently reported that investors are withdrawing their money from international equity funds. In the third quarter in particular, which has just ended, Morningstar saw the largest outflow of funds since 2008. In September alone, a total of $4.7 billion flowed out of this fund category. This is the 4th month in a row and adds up to $16.6 billion in funds withdrawn from international funds this year. Overall, according to Morningstar’s report, the past quarter was the second worst in 10 years.
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