Emerging Market funds saw outflow of $1.2 billion for the data week ended November 4 after seeing inflows totalling $2.5 billion over the previous three week, Citi has said.
Asia funds had $893 million of outflow, as China ETFs recorded $428 million of outflow after being Asia's champion for the last three weeks.
GEM funds and EMEA funds also returned to seeing outflows with $192 million and $65 million of redemptions respectively
LatAm funds also had a small outflow of $36 million.
FIIs had snapped 4-month selling streak in Asia EMs in October.
Interest in EMs and Asia seem to have picked up recently on some stability in Chinese economic data and valuations.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.