Bloomberg News

Emerging Equity Funds Post Fifth Week of Outflows, EPFR Says

June 08, 2012

Emerging-market stock funds posted their fifth consecutive week of outflows for the week ended June 6 after worse-than-expected U.S. employment data and the lack of consensus among euro zone leaders, EPFR Global said.

Developing-nation equity funds registered outflows of $1.3 billion, according to a report e-mailed today by the Cambridge, Massachusetts-based data provider. Total net investment into emerging-market fund has totaled $13.5 billion on net inflows in 2012, compared with outflows of $7.7 billion for the same period of 2011.

To contact the reporter on this story: Leon Lazaroff in New York llazaroff@bloomberg.net

To contact the editor responsible for this story: Tal Barak Harif at Tbarak@bloomberg.net


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