Emerging markets bring in $25.6 bln of foreign capital in Feb - IIF | Reuters

Emerging markets bring in $25.6 bln of foreign capital in Feb - IIF | Reuters:

Emerging markets sucked in a further $25.6 billion of foreign fund flows in February, a slimmer volume than January, but enough to signal investor sentiment remained positive, according to Institute of International Finance (IIF) data.

A dovish shift from the United States Federal Reserve, easing China-U.S. trade tensions and fading anxiety about global growth had helped buoy investors about the outlook for emerging markets, said the IIF, which tracks investor flows across capital markets.

Emerging markets have made a strong turnaround this year after a punishing 2018, with the MSCI Emerging Markets equity index up 9.2 percent so far this year.