FYI: Investors are yanking funds from emerging-market exchange-traded funds as rising interest rates in the U.S. weaken emerging-market assets.
The $35 billion iShares MSCI Emerging Markets ETF, or EEM, had $2.2 billion of outflows last week, the most since January 2014. Meanwhile, the biggest emerging-markets ETF, the $65 billion Vanguard FTSE Emerging Markets ETF, or VWO, lost about $270 million last week for its second-worst performance in over two years.
Regards,
Ted
https://www.bloomberg.com//news/articles/2018-06-18/etfs-say-pain-is-not-over-for-emerging-markets-as-investors-bail
