Time for a reality check
Investors pull back from emerging market funds and reassess whether there is truly cause to be optimistic on the global economic front.
Investors are starting to question whether taking a more positive outlook on the potential for global economic recovery will end up hurting them, as an extremely bullish nothing-can-go-wrong attitude did pre-crisis.
A run that began in early March ended for emerging markets funds tracked by EPFR Global during the week ending June 24 as investors pulled a net $1.87 billion out of Asia ex-Japan, Latin America , Europe, Middle East and Africa (EMEA) and diversified global emerging marke…
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