Emerging Market Equity Fund Inflows Exceed $6 Billion in Week, EPFR Says
Overseas investors pumped the most cash into emerging-market equities since late 2007 in October and Asia bond funds attracted more capital on further signs growth in developed nations is slowing, according to EPFR Global. The equity funds received net inflows of more than $6 billion in the week ended Oct. 6, the biggest amount in 33 months, the Cambridge, Massachusetts-based research company said in an e-mailed statement. Investors added $1.1 billion to funds dedicated to emerging-market debt, it said. They took out $3.2 billion from U.S. stock funds, the most in five weeks. Inflows are breaking records since EPFR started tracking the data in 1995 on speculation central banks will join Japan’s monetary easing, releasing more capital that can be invested in higher-yielding assets. The Bank of Japan cut its benchmark interest rate to near-zero on Oct. 5, while the European Central Bank yesterday left borrowing costs at 1 percent, unchanged since May 2009. “Liquidity is really ample, driving equities higher,’ said Chu Moon Sung, a fund manager at Shinhan BNP Paribas Asset Management Co. in Seoul, which manages about $28 billion. Rate policies “should continue to boost asset prices and money inflows into emerging countries will continue.” source: http://marketpin.blogspot.com/ ------------------------------------ Kunjungi situs http://www.info-saham.com untuk informasi seputar saham. SEMUA POSTING DI MILIS INI TANGGUNG JAWAB PENGIRIM EMAIL DAN BUKAN ADMIN MILIS. SEMUA POSTING DI MILIS INI BUKAN UNTUK MENGAJAK MEMBELI ATAU MENJUAL EFEK. SETIAP KEPUTUSAN INVESTASI MENJADI TANGGUNG JAWAB PIHAK PEMILIK INVESTASI ATAU PEMILIK MODAL. [email protected] untuk berhenti dari milis saham [email protected] untuk bergabung ke milis saham Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/saham/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/saham/join (Yahoo! ID required) <*> To change settings via email: [email protected] [email protected] <*> To unsubscribe from this group, send an email to: [email protected] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
