Emerging-Market Funds Outflow Surpass Total 2013 Sales
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Less than two months into 2014, global investors pulled more money out of emerging-market stock and bond funds than the total amount they retracted last year.
Investors withdrew $4.5 billion from funds in the week through Feb. 12, extending the total outflow this year to $29.7 billion, according to Barclays Plc, which cited data provider EPFR Global. In 2013, a total of $29.2 billion left funds investing in emerging-market assets.