SUBSCRIBERS
Sharp slowdown in equity inflows for EM funds
Published Fri, May 2, 2014 · 10:00 PM
London
INVESTORS put new money into emerging market funds for the fifth straight week although the pace of equity inflows slowed sharply, 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$90 million in the week to April 30, much less than the US$470 million they took in a week before.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
iPhone maker Hon Hai’s April sales rise 19% in positive signal
Worsening weather is igniting a US$25 billion market
TikTok tells advertisers: ‘We are not backing down’
EV automakers get reprieve in US tax credit rules
Nomura, Mizuho face losses on All Blue fund’s failed trades
Stablecoin Tether steps up monitoring in bid to combat illicit finance