Business Standard

Investors pour over $1 bn into emerging-market ETFs for a second week

The MSCI EM index has gained as much as 9 per cent since October 1, only to give up some of its gains over the past few sessions

ETFs, ETF, funds, mutual funds
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Samie ModakBloomberg Mumbai
Stocks, particularly in emerging markets (EMs), are witnessing a surge in passive flows. 

Last week, inflows into the US-listed EM exchange traded funds (ETFs) were more than $1 billion for the second consecutive week. According to Bloomberg data, investors poured in $1.06 billion into EM ETFs, which invests in developing countries including India. In the previous week, flows stood at $1.06 billion. 

Flows for the week ended November 8 were most since February 22 — also the fifth straight week of inflows.

The positive flows have boosted the performance of EMs. The MSCI EM index has gained as much as 9 per cent

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