Emerging Market ETFs Lose Investors for 6th Week, Led by China
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Investors pulled money out of U.S. exchange traded funds that buy emerging-market stocks and bonds for the sixth straight week, bringing this year’s total losses to $5.73 billion.
Redemptions from emerging-market ETFs that invest across developing nations as well as those that target specific countries totaled $436.3 million in the week ended Feb. 12 compared with withdrawals of $1.16 billion in the previous period, according to data compiled by Bloomberg. The losing streak is the longest since the 11 weeks that ended Sept. 11.