Business Standard

Tuesday, December 24, 2024 | 01:41 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Investors pull out $790 million from EM ETFs in two weeks, shows data

So far this year, inflows have totalled $38.2 billion

ETF
Premium

Photo: Shutterstock

Bloomberg
Investors withdrew money from exchange-traded funds that buy emerging market stocks and bonds last week. This was the second straight week of outflows. 

US-listed emerging market (EM) ETFs that invest across developing nations, as well as those that target specific countries saw outflows totalling $263 million in the week ended October 1, compared with losses of $526.6 million in the previous week, according to data compiled by Bloomberg. 

So far this year, inflows have totalled $38.2 billion. Taiwan had the shapest outflow of $72.3 million. India, however, saw positive inflows to the tune of $23 million.


What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in