For more information please contact us

ashmail [at] ashmoregroup [dot] com (Email Ashmore)

Positive but still moderate inflows

Weekly investor research

26 June 2017

New data from EMTA shows that trading volumes are rising at a speed consistent with still only moderate inflows to the EM asset class: we see scope for considerably larger flows back to Emerging Markets (EM) after the QE-induced outflows between 2010 and 2015. Brazil’s central bank points to the macroeconomic data, which remains very solid for fixed income investors. It was a big week for Argentina with both positive and negative news. Peru’s finance minister is forced to step down. Mexico signals a turning point for the interest rate cycle. There are signs of movement in the conflict engulfing Qatar and her neighbours. Russian data looks strong despite sanctions. India recognises bad loans and Chinese A-shares join the MSCI EM index. The global backdrop kept EM performance choppy.

Full article

Latest Insights

View all