The latest data published by the Institute of International Finance (IIF) showed Wednesday, portfolio inflows into Emerging Markets increased ninefold last month, with Emerging Asia leading the pack.
Key quotes (via Reuters)
“Portfolio inflows jumped to $32.1 billion in June from $3.5 billion in May, the bulk of it in debt securities.
“Debt flows accounted for $23.5 billion of total.”
“Chinese equities attracted some $6.1 billion.”
“Equities outside of China reversed an outflow trend to see net inflows of $3.4 billion.”
“Emerging Asia was the region that attracted the most flows last month with $17.1 billion.”
“Latin America, with $7.3 billion, came second.”
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