Traders Put $1.3 Billion Into Emerging ETFs
- Developing-nations ETFs receive inflows for 6th straight week
- Morgan Stanley grows bullish in EM with “double upgrade”
This article is for subscribers only.
The move back to emerging markets gained momentum last week as traders shrugged off equity declines amid bullish calls from some of the world’s largest investment firms.
Inflows to U.S.-listed exchange-traded funds that invest across developing nations as well as those that target specific countries hit $1.28 billion in the week ended Nov. 23, bringing this year’s total to $20.5 billion, according to data compiled by Bloomberg. That is the sixth consecutive week of inflows.