Emerging Market ETFs Listed in the US See Fourth Consecutive Week of Outflows, South Korea Attracts Largest Inflows

Deep News06-16

Investors withdrew funds from US-listed exchange-traded funds (ETFs) focused on emerging market equities and bonds for the fourth consecutive week, with the pace of outflows accelerating notably. South Korea attracted the largest volume of inflows.

Data shows that for the week ending June 12th, the total outflow from US-listed emerging market ETFs, which invest across multiple developing countries and specific nations, reached $1.64 billion. This compares to an outflow of $466.8 million the previous week. Year-to-date, total inflows stand at $39.2 billion.

South Korea recorded the largest weekly inflow for the second week in a row, at $106.3 million. This was primarily driven by the iShares MSCI Emerging Markets ex China ETF from iShares Inc., and the inflow was greater than the $85.6 million seen the prior week.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment