Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013
Man with binnoculars

14669

EM country funds get a second look in late 1Q14 as investors narrow their focus

RELATED TOPICS​

Heading into the final days of Q1 20114 EPFR Global-tracked emerging markets equity funds came within USD12m of posting inflows for the first time since mid-October as institutional investors went looking for value at the country level.

Flows into Thailand, Chile, Brazil, India and Russia equity funds hit 12, 17, 22, 26 and 49 week highs respectively.
 
This narrower focus was also evident in Europe equity fund flows, with four country fund groups taking in over USD100m headed by Italy equity funds’ record setting USD342m.
 
Investors declined to chase the latest surges by US and Japanese equity markets during the week ending March 25. As a result, redemptions from developed markets equity funds accounted for the bulk of the USD8.3bn – a seven week high – that flowed out of all equity funds during the week.
 
Bond funds took in another USD4.4bn while USD10.3bn was pulled out of money market funds with Europe MM funds accounting for the biggest share of that total.
 
At the country level 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.

Latest News

Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according..
Octopus Investments (Octopus) has announced it has launched a Natural Capital Strategy...
Research firm focused on Alternative UCITS funds, Kepler Absolute Hedge, has published its Market Intelligence..

Related Articles

Trends
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone...
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100..
Different flavours
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led, multi-boutique global asset manager with over USD20 billion under management, recently undertook a survey with 204 UK investment professionals, seeking insights into their perceptions and attitudes towards boutique asset managers...
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led,..
UK map
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be worth billions of pounds in the coming years...
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be..
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a possible buyout of EY’s Italian consulting branch...
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by