US-based int'l stock funds grab biggest inflows in 3 mths-trade group

By Sam Forgione NEW YORK, July 29 (Reuters) - Investors in U.S.-based mutual funds committed $5.1 billion to international stock funds in the week ended July 22 on continued belief that European shares offer more upside than U.S. stocks, data from the Investment Company Institute showed on Wednesday. The inflows were the largest in three months, according to data from ICI, a U.S. mutual fund trade organization. Funds that specialize in U.S. shares posted $3.2 billion in outflows to exte