Emerging-Market Bond Inflows Set a Record After Brexit: Chartby
Flows into emerging-market debt set a record in the week ended July 6, data
from EPFR Global show. The U.K.’s June 23 vote to leave the European Union pushed investors to seek higher-yielding assets away from Europe. Flows were evenly divided between funds with hard- and local-currency mandates, with a preference for Asian investment persisting, according to the financial data provider.