US investors place record wager on Japanese funds

Updated On: Mar 23, 2011

Even as the aftershocks from the Japan earthquake pushed financial markets sharply lower last week, American investors poured US$1.2 billion into Japanese equity exchange-traded funds(ETFs).
It was the biggest weekly inflow on record. This indicates that some investors are already betting that the crisis may be just an interruption to a market rally.
The latest market trends show that investors are cautiously stepping back into stocks. Markets in the United States rose this week as worries about the situation at the Fukushima nuclear plant subsided. 

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