Foreign funds seeking out emerging markets

As investors and fund managers head into the year-end period, there could be further interest from any reallocation of portfolios of the institutions.

KUALA LUMPUR: Foreign funds appear to be moving into risk assets again especially into emerging market (EM) equities including those in Malaysia.

The interest stemmed from bigger appetite for such assets following expectations based on recent developments that the US Federal Reserve (Fed) might have hit a pause in further interest rate hikes in the near term.