(Bloomberg) -- The biggest exchange-traded fund tracking European stocks last week saw the largest outflows in five weeks and the second-biggest since September 2016, showing a lack of conviction in the market's recent rebound amid brewing concerns over the pace of the region's economic growth. Investors pulled $191 million from Vanguard FTSE Europe ETF even as the Stoxx Europe 600 Index advanced for the seventh straight week.
To contact the reporter on this story: Ksenia Galouchko in Moscow at kgalouchko1@bloomberg.net.
To contact the editor responsible for this story: Blaise Robinson at brobinson58@bloomberg.net.
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