Emerging-Market ETFs Suffer Worst Loss in 8 Weeks, Led by Taiwan
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U.S. exchange-traded funds that invest in emerging markets had the biggest net outflows since mid-November, led by withdrawals from Taiwan and India.
Redemptions from ETFs that invest across developing nations as well as those that target specific countries totaled $566.7 million in the week ended Jan. 8, compared with inflows of $431.3 million in the previous period, according to data compiled by Bloomberg. The last time investors pulled more money from the funds was in the week of Nov. 13, when outflows reached $1.06 billion, the data show.