Emerging Markets Ouch!
Emerging market stock funds tracked by EPFR (Emerging Portfolio Fund Research) suffered combined net outflows of $761.9 million in the latest period, their worst week of outflows since May 2004. Emerging market bond funds tracked by EPFR posted their first weekly outflow in 21 weeks, losing $136.6 million.
The 234 high-yield bond funds with about $60 billion of assets tracked weekly by EPFR had outflows of $866 million in the latest week, their worst outflows of the year. Investors have pulled $1.4 billion out of these high-yield bond funds so far this year.
Emerging Markets Beat Like a Drum
Investors Flee Emerging and High Yield Funds
The 234 high-yield bond funds with about $60 billion of assets tracked weekly by EPFR had outflows of $866 million in the latest week, their worst outflows of the year. Investors have pulled $1.4 billion out of these high-yield bond funds so far this year.
Emerging Markets Beat Like a Drum
Investors Flee Emerging and High Yield Funds
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