MutualFundWire.com: Emerging Market ETF Outflows Continue
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Thursday, August 29, 2013

Emerging Market ETF Outflows Continue


Outflows from emerging market stocks continued last week, growing to $5.9 billion, The Wall Street Journal, MoneyBeat's Sarah Krouse writes. In the week ending August 21, investors in ETFs with emerging markets exposure took out $1.4 billion and emerging market equity funds saw global net inflows of $1.7 billion, Krouse reports.

Krouse interviewed Slim Feriani, CEO of emerging and frontier market fund management firm Advance Emerging Capital. Krouse quoted Feriani as saying "They [ETFs] magnify the moves on both sides--on the way up and the way down."

Krouse writes that Feriani said ETF flows are more pronounced in emerging markets as there is less liquidity than in developed markets.

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Printed from: MFWire.com/story.asp?s=45813

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