Total inflows to emerging markets at $14bn: EPFR
May 13th, 2009
On Monday, Offshore Asian Funds saw the biggest inflow in 13 months. New money doubled week on week to USD 1.6 billion.
Speaking on the fund flow picture, Brad Durham, Managing Director, Emerging Portfolio Fund Research (EPFR), a Boston-based fund tracker, said positive sentiment in India is part of the trend in emerging markets. “Flows don’t reflect poll uncertainty.” According to him, total inflows to emerging markets at USD 14 billion so far.