Emerging Equity Funds Post 14th Week of Net Inflows, EPFR Says

By Garfield Reynolds

June 12 (Bloomberg) -- Emerging-market equity funds received $3.4 billion in the week to June 10, the 14th-straight week of net inflows, led by $1.65 billion invested in vehicles focusing on Asia excluding Japan, EPFR Global said.

Investors have poured a net $30.3 billion into emerging- market stock funds since the second week of March, exceeding the $11.8 billion in net outflows for that period from developed- market funds buy equities in the U.S., Europe and Japan, EPFR said.

China funds attracted $404 million in the week to June 10, the investment tracker said in an e-mailed statement. Globally, equity funds received $6.8 billion in the week. Money-market funds had net outflows of $11.3 billion and investors have now removed $104.4 billion this year from such funds, EPFR said.

To contact the reporter on this story: Garfield Reynolds in Sydney at greynolds1@bloomberg.net