Emerging Equity Funds Post $1.52 Billion of Inflows, EPFR Says

Emerging-market stock funds took in $1.52 billion in the week ended Aug. 1, the highest amount in 24 weeks, according to EPFR Global.

Net investment into developing-nation equity funds has totaled $14.87 billion in 2012, compared with outflows of $11.8 billion for the same period of 2011, according to a report e- mailed by the Cambridge, Massachusetts-based data provider.

So-called Global Emerging-Market funds, or GEM funds, recorded net inflows for the week of $1.31 billion, the data show. China-dedicated equity funds posted a net inflow of $118 million, Cameron Brandt, EPFR director of research, said by e- mail.

Russia equity funds recorded an inflow of $211 million while Latin America-dedicated funds lost $71 million.

Emerging-market bond funds registered inflows of $723 million, Brandt said.

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

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