Ten straight weeks of outflow for EM funds
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
REFLECTING pessimism over slower growth and risks ahead, emerging market equity funds have suffered its tenth straight week of outflow, with the amount of US$3.2 billion for the week ending Jan 21 bringing the cumulative total to US$24.3 billion.
The cumulative amount represents 2.7 per cent of assets under management (AUM), a Morgan Stanley report showed.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities
