Fund outflows rise again

Fund outflows rise again


Emerging market investors pulled $3.05bn from equity funds in the week to February 27, almost twice the amount reported the previous week. Of that, $290m came out of dedicated LatAm accounts. At $26.38bn, year-to-date outflows from EM equity funds have exceeded the $15.13bn recorded in all of last year, Barclays said. Political uncertainty in some EM countries, tensions in Ukraine and Venezuela, forthcoming elections in Turkey and South Africa as well as currency volatility contributed to invest

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