Net equity outflow in Asia-Pac in Sept amid jitters

Singapore

JITTERS in the geopolitical environment are causing investors to move money out of equities and into government bonds and precious metals. Among the market risks are the rise of jihadist extremists in the Middle East, simmering tensions between Russia and the West, mass protests in Hong Kong and the Ebola outbreak in West Africa.

According to data compiled by research firm ETFGI, exchange-traded funds (ETFs) and exchange-traded products (ETPs) listed in Asia-Pacific (excluding Japan) saw net outflows of US$780 million in September this year.