Bloomberg News

Emerging Stock Funds Post Ninth Week of Outflows, Citigroup Says

September 29, 2011

Sept. 30 (Bloomberg) -- Emerging-market stock funds reported a ninth straight week of outflows, Citigroup Inc. said.

Investors pulled a net $2.6 billion from developing-nation equity funds in the week ended Sept. 28, about double the withdrawals in the previous week, Citigroup analysts led by Markus Rosgen wrote in a report, citing figures from EPFR Global.

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