Cash returns to EM equity

Cash returns to EM equity


Investors put money back into emerging market equity funds in the week to June 11, according to EPFR data cited by Barclays. Inflows to equity funds of $2.23bn vastly outstripped the previous week’s outflows of $280m. The rebound was partly a result of the European Central Bank’s liquidity initiatives announced earlier this month, Barclays analysts said. “Barring an escalation in Iraq-related geopolitical risks, ECB policy action and the recent shift in emerging market central bank monetary poli

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