Emerging Equity Funds Record Fifth Week of Inflows, EPFR Says
Emerging-market stock funds took in $634 million in the week ended Aug. 29, their fifth consecutive week of inflows, boosted by speculation the Chinese government may increase infrastructure spending, according to EPFR Global.
Net investment into developing-nation equity funds has totaled $16.86 billion in 2012, compared with outflows of $30.01 billion for the same period of 2011, according to a report e- mailed today by the Cambridge, Massachusetts-based data provider. The streak of five weeks of inflows was the longest since the first quarter.
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