| Big pension, insurance and sovereign funds that kept faith with emerging markets during the massive selloffs of 2013 and 2014 may be starting to waver, potentially depriving the sector of a key source of support. while sovereign funds withdrew cash from emerging assets in three of the past five quarters, eVestment said pension funds, possibly under pressure to meet the needs of ageing populations, had maintained inflows.
Pension funds reporting to eVestment ploughed $20 billion into emerging markets in 2013 and $17.5 billion in the first nine months of last year. That contrasted with $11 billion in redemptions last year by sovereign wealth funds it tracks...............................................Full Article: Source
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