Funds Data

Hopes on China rebound drive funds to emerging markets

  • Published 30 Apr 2009

Although net asset values of China funds dropped slightly in the week ending April 22 , funds continued to increase exposure, while investors in Taiwan became bearish.

During the week ending April 22, Asia ex-Japan equity funds (including exchange traded funds) absorbed $946m (Rmb 6.48bn, €721m, £647m) – the biggest week this year for that fund type, reported EPFR. Global Emerging Market equity funds took a net $1.08bn during the period, taking their year-to-date inflows over the $7bn mark. Optimism in emerging markets was pinned on commodity price rallies and China's demand for imports, as reflected in the trade figures of Korea, Taiwan and other emerging markets, said EPFR senior analyst Cameron Brandt.

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