No convincing pickup in flows to emerging markets aside from China: IIF

Tuesday, 29 January 2019 02:26 -     - {{hitsCtrl.values.hits}}

LONDON (Reuters): Investors have turned more constructive on emerging markets, the Institute of International Finance (IIF) said in a report last week, though the move into asset markets has only been truly convincing in China.

Following last year’s violent selloff, the combination of solid growth and a more cautious US Federal Reserve should be positive for EM and riskier assets, Robin Brooks, chief economist at the IIF, wrote in a note.

“Our trackers fail to show a sizeable rebound in real money flows to EM beyond China, with flows to key emerging markets like India and South Africa remaining quite weak,” Brooks said.

“The relatively anemic rebound in flows may be due to negative muscle memory from 2018 or – more likely in our view – reflect a broad positioning overhang in EM, after a decade of easy money and near-record inflows.”

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.

COMMENTS

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.