March 28, 2008
EM debt funds saw an outflow of $65m in the week ended March 26, according
EM debt funds saw an outflow of $65m in the week ended March 26, according to ING which quotes EPFR Global and JPMorgan data. The drain marks an increase over the previous week’s outflow of $34m. Flows into local funds, which have been keeping EM debt from seeing much larger outflows, fell sharply to $32m from $253m in the previous week, says ING. So far this year, EM debt funds have seen inflows of $734m.