No let-up in pace of equity outflows

No let-up in pace of equity outflows

Funds

Outflows from emerging market funds continued in the week to February 5, with investors taking $6.37bn from equity funds, according to Barclays. At $18.59bn, year-to-date outflows from EM equity funds have exceeded the $15.26bn recorded in 2013, the bank said. “The pace of exit has accelerated and given the continued mixed EM cyclical data and the trend-following nature of retail flows, will likely persist,” Barclays said in a note. Investors pulled $190m from LatAm equity funds. “So far, we hav

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