Local currency debt “back in play” says RBS as fund inflows return

Local currency debt “back in play” says RBS as fund inflows return

Funds

Investors put money into emerging market bond funds for the first time in 2014 during the week to 12 March, with local currency funds leading the charge, according to EPFR data cited by Barclays and RBS. Inflows to local currency funds of $590m, or 0.6% of assets under management, offset the $80m of outflows from hard currency accounts, according to Barclays. “Despite the tight yields offered in the hard currency space, we could start to see inflows in the coming weeks, although we expect local

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial