FYI: Emerging-market exchange-traded funds flows are on the brink of turning negative for the year after investors extended a sell-off for a seventh consecutive week.
Outflows from U.S.-listed ETFs that invest across developing nations as well as those that target specific countries totaled $972.3 million in the week ended Aug. 23, according to data compiled by Bloomberg. The current run of outflows has drained $12.3 billion from the market, compared with a $7.8 billion loss during a six-week sell-off that started in May. This year’s net inflow now stands at a mere $109.9 million.
Regards,
Ted
https://www.bloomberg.com/news/articles/2019-08-26/emerging-market-etf-flows-on-brink-of-turning-negative-for-year?srnd=etfs
