NU Online News Service, Aug. 27, 2004, 5:12 p.m. EDT
International and global mutual funds warmed up in July.[@@]
The international funds attracted $5.7 billion more cash than they lost, up from a net inflow of $4.1 billion in July 2003, according to Financial Research Corp., Boston.
Managers of domestic stock funds are reporting $8.1 billion in net inflow for July, but that’s down from $11.6 billion in net inflow.
The flow of cash out of government and corporate bond funds slowed to $1.5 billion, down from a net outflow of $7.3 billion.