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

Emerging markets face heavy weekly fund outflows – J.P. Morgan

by December 23, 2024
written by December 23, 2024

Investing.com– Emerging market (EM) funds saw significant outflows last week, continuing a tough December for these investments, according to J.P. Morgan’s weekly report.

Bond funds recorded $1.5 billion in outflows, while equity funds experienced an even larger withdrawal of $4.6 billion, J.P. Morgan’s latest EM Flows weekly report showed.

The bond outflows were led by hard currency funds, which saw $1 billion outflows, an increase from $508 million the week before. Local currency funds saw a smaller decline of $480 million, slightly down from $496 million in the prior week.

On the equity side, the sharp increase in outflows came mostly from exchange-traded funds (ETFs), which recorded a net outflow of $3.1 billion, compared to $262 million a week earlier. Non-ETF equity funds saw reduced outflows at $1.5 billion.

Year-to-date, total outflows from EM bond funds stand at $28.2 billion, while EM equity funds have lost $30.3 billion. The year has been marked by volatility, as investors balance risk sentiment against global macroeconomic challenges, such as interest rate hikes and geopolitical uncertainty.

Despite the overall weak trend, some bright spots were noted. Foreign portfolio flows into EM local bonds were positive, led by Indonesia, which attracted $584 million in net inflows. However, foreign equity investments were less promising, with Korea recording the largest outflows at $847 million.

The data reflects growing caution among global investors, with sentiment heavily influenced by inflation worries, fluctuating commodity prices, and concerns over slower global growth. The report underscores how EM assets remain vulnerable to external shocks, even as some markets show resilience.

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

previous post
Asia stocks rise on US inflation cheer; Honda-Nissan merger in focus
next post
Malaysia’s 1MDB files legal claim against Amicorp Group alleging over $7 billion in fraud

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

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

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

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

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks

      June 26, 2025
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

      June 26, 2025
    • Bumble shares jump 26% as dating company plans to axe 30% of workforce

      June 26, 2025
    • Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’

      June 25, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (534)
    • Stock (6,426)

    Latest News

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

    Popular News

    • Southwest Airlines will charge to check bags for the first time, launch basic economy tickets
    • Factbox-Most brokerages retain expectations of 25-bps rate cut from US Fed in December

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

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