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EM Equity Funds Rake in $5bn

Oct 9, 2007

EM equity funds took in $5.21bn in the week ended October 5, bringing their net intake over the past six weeks to $18.9bn, according to EPFR Global. During the 6-week period, EM equity gained 19.69%, says...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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