Investors have pulled $4.7bn (€5.7bn) in the last month from previously popular emerging markets India and China with high inflows into global equities and Russia country funds, according to EmergingPortfolio.com Fund Research.
A total of $1.5bn (€1.2bn) was pulled from emerging market equity funds in the week to May 19, the second worst week since 2000 when EmergingPortfolio.com started collecting data. Yearly inflows are reduced to $1.2bn in equity funds.