Investors dive back into emerging-market funds
No April fool: Global emerging-market equity funds get $1.2 billion of inflows in the first week of the month.
Global emerging-market equity funds received inflows of $1.2 billion in the first week of April, according to EPFR Global. With other asset classes such as high-yield bond funds also recording strong gains, some investors are putting risk back on the table.Money market funds have posted four straight weeks of outflows, to the tune of $9 billion, says the Boston-based research firm. Year-to-date they have lost $33 billion."Emerging markets are, again, getting their due for their better…
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