Equity fund outflows shrink

Equity fund outflows shrink

Emerging market fund outflows slowed in the week to February 12, with investors taking $3.08bn from equity funds, half the amount posted a week earlier, according to Barclays. At $21.7bn, year-to-date outflows from EM equity funds have exceeded the $15.2bn recorded in 2013, the bank said. Barclays said retail investors had been leading the exit and were recently joined by institutional investors. “While the retail exodus from EM is large and fast, it may not be simply a view on ‘poor’ EM fundame

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