In the week to June 5, investors pulled nearly $7bn out of EM bond and equity funds, as concerns over the future of the Federal Reserve’s massive quantitative easing programme mount.
EM bond funds – which has been a major beneficiary of the glut of cheap cash unleashed by the Fed – suffered $1.5bn in outflows this week, according to investment bank reports based on data from EPFR, the research company.
'via Blog this'
No comments:
Post a Comment