You are here

Mutual fund investors race to escape growing risk in global bonds

Monday, August 24, 2015 - 05:50

New York

THE large mutual funds that helped fuel rapid growth in developing countries have begun hastily retreating from those investments, contributing to the recent sharp decline in global markets.

In the past week alone, investors pulled US$2.5 billion from emerging-market bond

Powered by GET.comGetCom