Emerging Market ETFs Rise for 5th Week in $4.52 Bln Streak
Emerging Market ETFs Rise for 5th Week in $4.52 Bln Streak
(Bloomberg) -- Investors added money to exchange-traded funds that buy emerging market stocks and bonds last week. This was the fifth straight week of inflows.
Inflows to U.S.-listed emerging market ETFs that invest across developing nations as well as those that target specific countries totaled $173.5 million in the week ended Sept. 24, compared with gains of $1.59 billion in the previous week, according to data compiled by Bloomberg. So far this year, inflows have totalled $37.1 billion.
- Stock ETFs expanded by $256.3 million.
- Bond funds fell by $82.8 million.
- Total assets fell to $328.7 billion from $331.7 billion.
- The MSCI Emerging Markets Index closed down 1.1 percent from the previous week at 1,265.1 points.
- China/Hong Kong had the biggest inflow, of $71.6 million, led by iShares China Large-Cap.
- Mexico had the biggest outflow, of $31.7 million, following withdrawals from iShares MSCI Mexico.
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Following are tables detailing net flows for emerging-market ETFs in US dollars. The data include the holdings-weighted allocations from multi-country funds, as well as country-specific funds(figures in USD millions unless otherwise stated):
Regional Summary
| Region | Flow Week | Flow % Change | Equity Flow | Bond Flow | Total Assets (USD Bln) |
|---|---|---|---|---|---|
| Total EM | 173.5 | -89.1% | 256.3 | -82.8 | 328.7 |
| Americas | 26.1 | -83.6% | 50.3 | -24.1 | 32.7 |
| Asia Pac | 177.3 | -86.0% | 206.8 | -29.5 | 251.4 |
| EMEA | -29.9 | -117.8% | -0.8 | -29.2 | 44.6 |
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Americas
| Country | Flow Week | Flow % Change | Equity Flow | Bond Flow | Total Assets |
|---|---|---|---|---|---|
| Brazil | 68.2 | -43.7% | 75.4 | -7.2 | 19,991.9 |
| Venezuela | 0.0 | N.A. | 0.0 | 0.0 | 0.0 |
| Belize | 0.0 | N.A. | 0.0 | 0.0 | 0.6 |
| Bolivia | 0.0 | -133.1% | 0.0 | 0.0 | 5.8 |
| Trinidad & Tobago | 0.0 | -451.4% | 0.0 | 0.0 | 14.3 |
| Jamaica | 0.0 | -99.3% | 0.0 | 0.0 | 21.4 |
| Ecuador | -0.1 | -333.1% | 0.0 | -0.1 | 39.3 |
| Paraguay | -0.3 | -244.1% | 0.0 | -0.3 | 105.1 |
| Costa Rica | -0.3 | -258.2% | 0.0 | -0.3 | 97.4 |
| Panama | -0.4 | -482.6% | 0.0 | -0.4 | 179.4 |
| Uruguay | -0.6 | -164.1% | 0.5 | -1.1 | 326.1 |
| Argentina | -1.4 | -435.3% | -1.4 | -0.1 | 347.6 |
| Chile | -1.8 | -122.5% | 1.0 | -2.8 | 2,164.1 |
| Peru | -2.3 | -241.4% | 0.3 | -2.6 | 775.7 |
| Colombia | -3.1 | -181.1% | 0.4 | -3.5 | 1,135.2 |
| Mexico | -31.7 | -240.8% | -25.9 | -5.8 | 7,464.3 |
Asia Pacific
| Country | Flow Week | Flow % Change | Equity Flow | Bond Flow | Total Assets |
|---|---|---|---|---|---|
| China/Hong Kong | 71.6 | -88.2% | 83.0 | -11.5 | 114,171.8 |
| South Korea | 39.9 | -58.8% | 39.6 | 0.3 | 25,411.9 |
| Taiwan | 39.3 | -84.0% | 39.3 | 0.0 | 49,087.8 |
| India | 29.5 | -86.6% | 29.3 | 0.2 | 43,081.2 |
| Philippines | 0.3 | -97.6% | 1.8 | -1.5 | 2,325.9 |
| Thailand | 0.1 | -99.6% | 4.3 | -4.1 | 6,435.4 |
| Vietnam | 0.0 | -22.9% | 0.0 | 0.0 | 679.6 |
| Bangladesh | 0.0 | N.A. | 0.0 | 0.0 | 32.0 |
| Mongolia | -0.2 | -272.1% | 0.0 | -0.2 | 45.9 |
| Pakistan | -0.2 | -116.3% | 0.1 | -0.3 | 256.8 |
| Malaysia | -0.3 | -101.0% | 3.9 | -4.1 | 4,986.2 |
| Sri Lanka | -0.4 | -266.6% | 0.0 | -0.4 | 109.4 |
| Kazakhstan | -0.4 | -416.2% | 0.0 | -0.4 | 141.2 |
| Indonesia | -2.0 | -109.6% | 5.5 | -7.5 | 4,645.2 |
Europe, Middle East & Africa
| Country | Flow Week | Flow % Change | Equity Flow | Bond Flow | Total Assets |
|---|---|---|---|---|---|
| Saudi Arabia | 7.9 | -83.9% | 8.6 | -0.7 | 9,059.7 |
| South Africa | 3.1 | -94.0% | 8.7 | -5.6 | 9,362.0 |
| U.A.E. | 2.0 | -84.7% | 2.3 | -0.4 | 2,271.8 |
| Qatar | 1.6 | -86.4% | 2.2 | -0.6 | 2,138.2 |
| Kuwait | 1.6 | -83.7% | 1.7 | -0.2 | 1,593.4 |
| Mauritius | 0.0 | -77.3% | 0.0 | 0.0 | 40.8 |
| Senegal | 0.0 | 309.8% | 0.0 | 0.0 | 9.3 |
| Ivory Coast | 0.0 | 210.2% | 0.0 | 0.0 | 10.8 |
| Lithuania | 0.0 | N.A. | 0.0 | 0.0 | 2.1 |
| Slovenia | 0.0 | N.A. | 0.0 | 0.0 | 0.4 |
| Mozambique | 0.0 | N.A. | 0.0 | 0.0 | 1.9 |
| Tunisia | 0.0 | -48.2% | 0.0 | 0.0 | 3.0 |
| Lebanon | 0.0 | -432.9% | 0.0 | 0.0 | 5.7 |
| Zambia | 0.0 | -413.7% | 0.0 | 0.0 | 7.2 |
| Gabon | 0.0 | -26.7% | 0.0 | 0.0 | 7.9 |
| Iraq | 0.0 | -338.4% | 0.0 | 0.0 | 11.6 |
| Croatia | 0.0 | -9,863.7% | 0.0 | 0.0 | 13.7 |
| Egypt | 0.0 | -102.4% | 0.3 | -0.4 | 442.3 |
| Ghana | 0.0 | 15.8% | 0.0 | 0.0 | 45.4 |
| Morocco | -0.2 | -171.0% | 0.0 | -0.2 | 169.8 |
| Nigeria | -0.3 | -247.4% | 0.0 | -0.3 | 207.2 |
| Jordan | -0.3 | -257.4% | 0.0 | -0.3 | 99.7 |
| Kenya | -0.3 | -271.4% | 0.0 | -0.3 | 145.6 |
| Bahrain | -0.4 | -153.3% | 0.0 | -0.4 | 255.2 |
| Oman | -0.4 | -347.9% | 0.0 | -0.4 | 211.1 |
| Ukraine | -0.4 | -400.5% | -0.1 | -0.4 | 150.7 |
| Serbia | -1.0 | -30,158.2% | 0.0 | -1.0 | 85.4 |
| Poland | -1.4 | -169.2% | 2.3 | -3.8 | 1,766.9 |
| Greece | -1.6 | -137.6% | -1.6 | 0.0 | 827.7 |
| Hungary | -2.2 | -153.0% | 0.7 | -2.9 | 940.6 |
| Czech Republic | -2.4 | -223.9% | 0.4 | -2.8 | 576.4 |
| Romania | -2.6 | -329.8% | 0.1 | -2.7 | 465.5 |
| Turkey | -6.4 | -184.1% | -4.0 | -2.4 | 2,073.5 |
| Russia | -25.9 | -346.6% | -22.5 | -3.4 | 11,596.0 |
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