Les fonds actions affichent fin septembre une décollecte de plus de 10 milliards de dollars

Fund flows signaling ‘risk-off’ going into the final months of 2014 as the end of QE3 looms Investors who began 2014 looking out at what they believed to be the sunlit uplands of accelerating global growth are, going into the final three months of the year, wondering if they’d been looking at a mirage. Most of the uplands they had pinned their hopes on, ranging from Europe’s modest recovery to Japan’s aggressive efforts to reflate its economy, are swathed in clouds and another cold front – the end of the US Federal Reserve’s current quantitative easing program (QE3) – is bearing down.
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