Emerging markets funds have attracted over $6 billion in inflows over the last three weeks and the momentum has continued for one and half months now. “This marks the strongest pace of emerging market inflows since January 2023,” Elara’s report said.
Latest data on fund flows suggests that investors are warming up to Chinese assets as they continue to double down on emerging market funds, which received inflows totaling $2.4 billion last week. The timing of the inflows into Asian equities is significant, considering the US tariff deadline is just days away on July 9.
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