Emerging market equity funds gain €19 billion in Q1

Arrow up 2Emerging market equity funds posted their first net outflows of the year in the final week of the first quarter, but still finished with net inflows of more than $25 billion (€19 billion) for the three months, said data provider EPFR Global. It is the best opening quarter since these funds attracted more than $30 billion at the beginning of 2006. In the corresponding quarter of 2011, $24 billion flowed out of emerging market equity funds. Over the course of 2011, emerging market equity funds suffered outflows of $48 billion, said the data firm. EPFR said the outflow in the final week of March was caused by redemptions from Latin American equity funds and Asian funds excluding Japan. These outflows offset commitments to Europe, Middle East and Africa funds, and diversified global equity funds. First-quarter inflows were particularly impressive for China equity funds, which gained $1.6 billion in inflows during the three months, while Russia funds gained $1.2 billion. But Korea funds suffered outflows of $780 million and emerging Europe funds had outflows of $649 million. ©2012 funds europe

Executive Interviews

INTERVIEW: Put your money where your mouth is

Jun 10, 2016

At Kempen Capital Management, they believe portfolio managers should invest in their own funds. David Stevenson talks to Lars Dijkstra, CIO of the €42 billion manager.

EXECUTIVE INTERVIEW: ‘Volatility is the name of the game’

May 13, 2016

Axa Investment Managers chief executive officer, Andrea Rossi, talks to David Stevenson about bringing all his firm’s subsidiaries under one name and the opportunities that a difficult market...


ROUNDTABLE: Beyond the hype

Oct 13, 2016

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means, how it should be used and the kind of pitfalls that may arise when using this innovative investment technique.

MIFID II ROUNDTABLE: Following the direction of travel

Sep 07, 2016

Fund management firms Aberdeen and HSBC Global meet with specialist providers to speak about how the industry is evolving towards MiFID II.