US Investors poured US$1 Billion into Japan just before quake

Japan's earthquake couldn't have come at a worse time for US investors hoping for a resurgence in the country's market and economy. Last month, they poured over US$1 billion into Japanese exchange-traded funds, second only to US energy funds and more than they invested in funds focused on agriculture, mid-cap US stocks and large cap growth, according to Biriniyi Associates data.

The iShares MSCI Japan (NYSEArca:EWJ - News), the largest of the US-listed funds focused on the country, saw its assets increase by US$1.2 billion this year before Friday, according to ConvergEx Group, third among all US -listed ETF assets. Read more ...

This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine from Perendale Publishers.