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EM equity fund flows. "In June, we saw US$12bn into EM equity funds (after 3 months of flat flows) but almost all inflows were directed into China ETFs https://t.co/xfViMrexgy
"In June, we saw US$12bn into EM equity funds (after 3 months of flat flows) but almost all inflows were directed into China ETFs." - BofA Soto https://t.co/0VUNF2ICEl
🔵 ASIA LEADS AS EM PORTFOLIOS SEE 8TH CONSECUTIVE MONTH OF INFLOWS -IIF Emerging market portfolios attracted foreign inflows for an eighth consecutive month in June with flows to Asia ex-China taking the lion's share, but the high U.S. interest rates are affecting the scale…
Bank of America reports significant inflows in the equity market, with clients buying US equities for the first time in 3 weeks. $6.1 billion flowed into stocks, marking the 5th largest week in history for their clients. Chinese exchange-traded funds have also seen remarkable growth over the past three years.