Sept. 21 (Bloomberg) -- Emerging-market stock funds took in $4.3 billion in the week ended Sept. 19, hitting a 32-week high as investors responded to stimulus measures by U.S., European and Japanese central banks, according to EPFR Global.
So-called Global Emerging-Market funds, or GEM funds, accounted for about three-quarters of the new money as flows into China-dedicated funds were tempered by the country’s dispute with Japan over islands in the East China Sea, according to a report e-mailed today by the Cambridge, Massachusetts-based data provider.
China equity funds posted a net gain of over $250 million while Brazilian equity funds posted a 102-week high of net inflows, Cameron Brandt, EPFR director of research, said by e-mail today. Russia-dedicated funds recorded their second-biggest inflow since mid-April, EPFR said.
Emerging-market bond funds registered inflows for the 15th consecutive week, Brandt said.
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