24-06-2016 20:51 via uk.news.yahoo.com

Amid 'Brexit' selloff, some fund managers are bargain shopping

By David Randall NEW YORK (Reuters) - Britain's unexpected decision to leave the European Union spurred a global stock market selloff that has inspired some opportunistic U.S. investors to move in the opposite direction. Operating on the belief that the initial rout might be an over reaction, even in some European stocks, several fund managers said on Friday they were buying up shares of big blue chips, domestic companies that are insulated from a lot of European activity and even European compa
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