Asia funds favoured, except for India and Japan equity

Aug 10, 2010

Emerging-market funds accounted for the bulk of worldwide equity-fund inflows last week, as investors reacted to expected dollar weakness, according to EPFR Global.

Against a backdrop of disappointing US employment, manufacturing and housing markets data, investors allocated more to emerging-market (EM) funds in early August as they sought protection from the dollar weakness they believe will follow, says US-based EPFR Global.

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