Bank of America: China equity funds see record one-week inflows to $39.1 billion
On October 11, global emerging market bond funds attracted $1.2 billion in inflows for the week ended October 10, maintaining positive inflows for the fourth consecutive week, according to Bank of America, citing data from EPFR Global. Chinese equity funds saw record one-week inflows of $39.1 billion, while Indian equity funds saw their first outflow of $200 million since June 22nd. In addition, emerging market equity funds have continued to realize net inflows for the past 19 weeks. So far this year, outflows from emerging-market fixed-income funds have totaled $8.8 billion. (Bloomberg)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Oil field production in Kurdistan, Iraq is currently at 200,000 barrels per day.
Micron Technology rises 5%; SanDisk up 6.82%, leading in US stock trading volume

Iraq's oil minister says the country's daily oil exports exceed 3 million barrels