Bigger outflow: Traders monitor stock prices at an investment bank in Kuala Lumpur. Malaysian equities saw outflow rising to RM2bil in September from RM1.5bil in the preceding month.
THE huge outflow of funds from emerging market (EM) investments in the final weeks of September could be a sign that a big “risk-off” is brewing.
The Institute of International Finance (IIF) says the data it tracks shows that the high frequency of outflows from EMs were almost as big as in the 2013 taper tantrum or during the 2015 Chinese yuan devaluation fears.
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
