Emerging markets ETFs listed in the US experience outflows for the third consecutive week

Glonghui, June 9 — Last week, investors pulled money out of US-listed exchange-traded funds (ETFs) investing in emerging market stocks and bonds for the third consecutive week, though the pace of withdrawals slowed. By market, Brazil saw the largest outflows, while South Korea returned to net inflows. For the week ending June 5, the total outflow from US-listed emerging market ETFs investing in multiple developing countries as well as specific countries amounted to $460.4 million, compared with $1.45 billion in outflows the previous week. Year-to-date, total inflows stand at $40.8 billion. By market, Brazil recorded the largest outflows of $303 million. South Korea saw the largest inflows at $85.6 million.