Inflow of new money to EM funds slowing: banks
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London
EMERGING-market funds took in new money for the fourth straight week, but the pace of the inflow appears to be flagging, banks said yesterday, citing data from EPFR Global.
The Boston-based fund tracker, which releases data to clients late on Thursday, said emerging equity funds had received US$420 million and bond funds took in US$160 million in the week to April 23.
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