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Emerging markets fund flows reverse

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After two weeks when cash flows to emerging markets ETFs and mutual funds turned negative, this week marked another change in direction. Emerging markets stock funds -- from EEM ( quote ) on down -- reported $820 million more subscriptions than redemptions last week. The reversal ended a two-week retreat of $2.7 billion of investor funds from the asset class. A surprise $432 million of flows into emerging debt funds seems to have been the factor behind the turn of the tide, but month-end portfolio adjustments may have had something to do with it too. Not sure we get a follow-through move here. Be careful.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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