Investors pour in $12m from EM funds: EPFR
Monday, 31 March 2014
MUMBAI, Mar 30 (PTI): Investors have pumped in $12 million into equity funds focused on emerging markets (EM) including India within a week, the first inflow since mid- October, says a report.
According to funds tracking company EPFR Global, $12 million has been invested into emerging markets equity funds during the week ended March 25.
Thailand, Chile, Brazil, India and Russia have seen inflows during the week, it said.
The report further noted that inflows into equity funds focused on India climbed to 26-week high during the week.
However, EPFR did not disclose India-specific fund infusion data.
"Emerging markets equity funds came within $12 million of posting inflows for the first time since mid-October.