Investors continued to pour into emerging market equity and bond exchange-traded funds (ETFs) last week, marking the 12th consecutive week of inflows for such funds.
Data shows that in the week ending January 9, US-listed emerging market ETFs, which invest across multiple emerging market countries or in specific nations, collectively recorded net inflows of $3.97 billion. This figure is significantly higher than the $1.09 billion inflow from the previous week, representing the largest single-week inflow in over a year.
Equity ETFs attracted inflows of $3.96 billion.
Bond ETFs saw inflows of $7.7 million.
Total assets under management increased from $442.7 billion to $452.6 billion.
The MSCI Emerging Markets Index rose 1.6% last week to close at 1452.35 points.
China-focused funds saw the largest inflows, amounting to $907.4 million, led by iShares Inc.'s iShares Core MSCI Emerging Markets ETF; South Korea had led the previous week.
The weekly inflow into China-focused funds increased more than fourfold compared to the $179.5 million recorded the prior week.
Kazakhstan-focused funds experienced the largest outflow, totaling $1.54 million, led by the iShares J.P. Morgan USD Emerging Markets Bond ETF.
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