Ten straight weeks of outflow for EM funds
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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.
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