Emerging Market (EM) fixed-income funds saw: the 2nd-largest weekly outflow recorded at $4.2 billion in the week ending Aug. 26, and overall EM net outflows of $10.5 billion in the past week are the largest since early 2008, Dimitra DeFotis from Barron’s reports. According to Morgan Stanley: Outflows have sharply accelerated in recent weeks and emerging market … Continue reading
Capital outflows from emerging market countries reached $120 billion in the second quarter of this year — the most since 2009 — led by an exodus from China’s markets during the country’s recent stock market crash, according to JP Morgan, Bloomberg reports. During the first quarter of this year capital flows into emerging markets rose $80 billion, according to JP Morgan. However, … Continue reading