Another Warning Is Flashing on Asia's 11% Stock-Market Rally
- Net inflows to Asia equity ETFs have been tapering off: Citi
- Disconnect between rates and equity is disconcerting: Watson
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Skeptics watching Asia’s double-digit stock market growth this year just got some data to help their case: equity ETF inflows have dwindled.
Despite a 9 percent increase to $502 billion in assets under management for Asia equity exchange-traded funds so far this year, net inflows have been tapering off, according to data compiled by Citigroup Inc. On top of that, a monthly net outflow -- the second time in more than two years -- was recorded in March.