Emerging-Market Funds Post Biggest Weekly Outflow of 2017: Chart

(Bloomberg) -- A standoff between the U.S. and North Korea and racial violence in the U.S. were enough to break a 21-week streak of flows into emerging-market funds. Investors pulled $1.7 billion out of developing-nation equity and bond funds in the week ending Aug. 16, the most this year, according to EPFR Global data. The geopolitical perils gave investors all the reason they needed to pare risk after lamenting for months that valuations are stretched.

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