Investors pour in $12 million from emerging market funds: EPFR

Investors have pumped in $12 million into equity funds focused on emerging markets including

RELATED ARTICLES

India within a week, the first inflow since mid- October, says a report.

According to funds tracking company EPFR Global, $12 million has been invested into emerging markets equity funds during the week ended March 25.

Thailand, Chile, Brazil, India and Russia have seen inflows during the week, it said.

The report further noted that inflows into equity funds focused on India climbed to 26-week high during the week.

However, EPFR did not disclose India-specific fund infusion data.

"Emerging markets equity funds came within $12 million of posting inflows for the first time since mid-October as institutional investors went looking for value at the country level," EPFR noted.

Overall, investors worldwide pulled out $8.3 billion from stock funds during the week. Equity funds focused on developed markets accounted for most of the withdrawal.

Investors continued pumping money into equity funds dedicated to the so-called 'PIIGS' markets - Portugal, Italy, Ireland, Greece and Spain - and those looking for regional alternatives to China committed modest sums to India and Korea equity funds.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Exchange managements must distinguish between speculation and gambling

    Every bull run in the Indian equity market raises the spectre of excessive speculation.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Roopen Roy

Building smart cities the Indian way

Today more than half of the world’s population lives in ...

Zehra Naqvi

The mere display of power is not success

The stars are not afraid to appear like fireflies —Rabindranath Tagore ...

Dharmendra Khandal

Let the tiger breathe in its natural home

The world has been observing July 29 as International Tiger ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture