“Emerging market bond and equity funds both experienced inflows for the first time this year in the week ending April 2, a further sign that optimism is growing toward developing world assets.
Investors plowed $2.44 billion into emerging market equity funds in this latest week, the highest amount since October 2013, Barclays said, citing data from fund-tracker EPFR Global.
Meanwhile in emerging market bond funds, investors poured $1.06 billion in, compared with outflows of $1.11 billion in the previous week.
“The price action and the mood may have turned on emerging markets,” said Koon Chow and Durukal Gun, analysts at Barclays.
“But given the long period of outflows and emerging market growth having yet to rebound, we may need a couple more weeks of positive flow numbers to confirm this,” they cautioned.
After a tumultuous start to the year…”
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