Emerging market fund inflows going strong
While the inflows seem positive on the surface, the strength and speed of the money coming in is causing some analysts to sound the alarm.
For the third straight week, emerging market equity funds absorbed more than $5 billion in net inflows in the second week of October as investors continued to bail out of underperforming developed market asset classes, according to data provider EPFR Global.Investors have poured $23.9 billion in emerging markets since the fourth week of August.Among emerging market funds, Asia ex-Japan portfolios took in the most cash last week, with diversified global emerging market portfolios a clo…
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