Emerging market equity fund outflows this year surpass whole of 2013


The Boston-based fund tracker, which releases data late on Thursday to clients, said $6.37 billion had fled emerging equity funds in the week to Feb. 5, while bond funds shed $1.98 billion.

That brings year-to-date equity outflows to $18.6 billion versus a $15.2 billion outflow for the whole of 2013, the data shows. Emerging equity funds have now suffered 15 straight weeks of outflows, a record that beats the previous 14-week losing streak seen in 2002, analysts at Morgan Stanley said.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Bank Pembangunan signs RM98mil financing facility
REITs sector earnings expected to strengthen
Pivot to energy infrastructure a positive for Binastra
Japan’s manufacturing sector contracts at slower pace
Rehda expecting stable growth trajectory for property sector next year
Malakoff starts probe into fatal fire incident
Appointments of Akmal, Johari will restore clarity
Pekat Group eyes strong expansion in 2026
Apollo Food quarterly revenue at RM75mil
Strong trade figures expected for November

Others Also Read