08.10.2014 - ETF Bulls Fuel Biggest Inflow in Emerging Markets
Waning tension in Ukraine and bargain prices are helping make Russian stocks a favorite among emerging-market investors. Asset managers added $154 million to U.S.-based exchange-traded funds focused on Russian equities last week, the biggest inflow among developing-nation ETFs, even as the benchmark index slumped to a two-month low, data compiled by Bloomberg show. Money is coming into Russia at the same time as traders pulled $1.2 billion from ETFs that invest across emerging markets in the five days ended Oct. 3...............................................Full Article: Source
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