Tags: Emerging-Market | ETF | Investors | Cash

Emerging-Market ETF Flows Break Longest Winning Streak Since May

Emerging-Market ETF Flows Break Longest Winning Streak Since May
(Getty Images)

Tuesday, 03 November 2015 05:15 AM EST

Investors pulled money out of U.S. exchange-traded funds that invest in emerging markets last week for the first time since early October, ending the longest winning streak for the ETFs since May.

Redemptions from emerging-market ETFs that invest across developing nations as well as those that target specific countries totaled $91.3 million compared with inflows of $1.1 billion in the previous week and $2.58 billion in the past three periods, according to data compiled by Bloomberg.

Almost all the losses came from bond funds, with stock ETFs declining by less than $1 million. The MSCI Emerging Markets Index fell 2.4 percent in the week.

The biggest change was in Mexico, where funds shrank by $87.7 million, compared with $37.3 million of inflows the previous week. Investors withdrew $82.1 million from stock funds and $5.7 million from bonds.

The Mexico IPC Index declined 1 percent. The peso strengthened 0.54 percent against the dollar and implied three- month volatility is 11.48 percent.

Turkey had the next-biggest change, with ETF investors redeeming $31.2 million, compared with $13.9 million of inflows the previous week. Stock funds fell by $25.5 million and bond ETFs decreased by $5.7 million.

The Borsa Istanbul 100 Index lost 0.9 percent. The lira depreciated 0.24 percent against the dollar and implied three- month volatility is 13.85 percent.


© Copyright 2025 Bloomberg News. All rights reserved.


StreetTalk
Investors pulled money out of U.S. exchange-traded funds that invest in emerging markets last week for the first time since early October, ending the longest winning streak for the ETFs since May.
Emerging-Market, ETF, Investors, Cash
217
2015-15-03
Tuesday, 03 November 2015 05:15 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved