ETF flows show signs of revival in emerging markets, but India an outlier

India saw pull-outs from emerging market (EM) exchange-traded funds (ETFs) over the past week, despite flows in such ETFs having shown signs of revival. The ETFs withdrew $31.3 million for the week ended February 14. China, on the other hand, saw inflows of $37.3 million. Most of the EMs saw positive flows, with Indonesia the only other to see some outflow ($5 million) during the week. 

According to foreign fund managers, receding worries regarding a major global outbreak of Coronavirus led to improved sentiment. "Rising COVID-19 fears, notably around Chinese growth, led to the first cut in a survey