• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Editor's Pick

Foreigners add $19.2 billion to EM portfolios in November, IIF says

by December 13, 2024
written by December 13, 2024

By Rodrigo Campos

(Reuters) – Foreign investors added a net $19.2 billion to their emerging market portfolio holdings in November, with selling of stocks more than offset by a continuing flow of cash into EM debt, data from a trade group showed on Friday.

Stock portfolios saw an $11.1 billion outflow while bonds attracted $30.4 billion last month, data from the Institute of International finance showed.

Chinese equities shed $5.8 billion while the country’s bonds saw an outflow of $7.5 billion, underscoring investor concerns over geopolitical tensions including an opening of more fronts in the expected trade war with the incoming U.S. administration.

Markets reacted to the November election of Donald Trump as U.S. president and the subsequent rally in the dollar, which has historically weighed on emerging market assets.

“This sustained pessimism surrounding Chinese equities is rooted in a confluence of factors, including regulatory concerns, slowing economic growth, and persistent geopolitical tensions,” IIF economist Jonathan Fortun said in a statement.

He said the resilience of EM debt markets outside China was underpinned by the ongoing quest for yield and the relative stability of fixed-income assets compared to stocks.

All regions saw net inflows in November with Latin America leading the pack at $6.5 billion, while EM Europe attracted $4.8 billion, Asia $4.6 billion, and Africa and the Middle East $3.4 billion.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
US import prices rise marginally in November
next post
Philip Morris to pay $1.2 million to settle probe into flavored tobacco ban violation

You may also like

China central bank conducts 1.7 trln yuan of...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

ECB president fears loss of central bank independence

January 27, 2025

European tech shares tumble as China’s AI push...

January 27, 2025

Futures slip as investors eye China’s latest AI...

January 27, 2025

Markets may be repeating the mistake of 2019,...

January 27, 2025

How billionaire Caltagirone could influence Italy’s banking M&A...

January 27, 2025

How Italy’s MPS went from near collapse to...

January 27, 2025

Analysis-To weather Trump, emerging market investors look to...

January 27, 2025

Chinese AI startup DeepSeek overtakes ChatGPT on Apple...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Procter & Gamble to cut 7,000 jobs as part of broader restructuring

      June 6, 2025
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

      June 6, 2025
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

      June 5, 2025
    • This California startup is cleaning water and removing CO₂ from the atmosphere — all at a reduced cost

      June 5, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (504)
    • Stock (6,426)

    Latest News

    • Procter & Gamble to cut 7,000 jobs as part of broader restructuring
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

    Popular News

    • Exxon Mobil climbs on above-consensus Q3 earnings; revenue misses estimates
    • Factbox-How Trump can overhaul US financial regulators when he takes office

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy