Emerging Stock Fund Flows Show Best Start Since 2006, EPFR Says

Emerging-market stock funds had their best start to a year since 2006 in terms of inflows as investors started to discount a Chinese slowdown and the U.S. recovery gained traction, according to EPFR Global.

Flows into developing-nation equity funds totaled $3.5 billion in the week ended Feb. 1, a 43-week high, bringing the total for 2012 to $11.3 billion, according to a report e-mailed today by the Boston-based research company.

Global emerging-market equity funds provided $2.6 billion of the new commitments. The average emerging market portfolio recorded an 11 percent gain, EPFR Global said.

Inflows into emerging-market bond funds reached a 26-week high of $1.55 billion, EPFR said.

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

To contact the editor responsible for this story: Emma O’Brien at Eobrien6@bloomberg.net

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