Emerging Market ETF Inflows Almost Double in 9th Week of Gains

Investment flows into U.S. exchange traded funds that buy emerging-market stocks and bonds almost doubled, extending the longest winning streak since last May to nine weeks.

Deposits into emerging-market ETFs that invest across developing nations as well as those that target specific countries rose to $706.5 million in the week ended April 15 from $373.2 million in the previous period, according to data compiled by Bloomberg. The funds gained $10.7 billion in the nine-week stretch and have added a total of $5 billion this year after suffering losses at the start of 2016. The last time the funds had longer gains was in the 11 weeks that ended May 29.