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Foreigners pour $31 billion into EM portfolios in August, with Fed in sight -IIF

By Yahoo! Finance   |   Sep 16, 2024 at 08:05 AM EST
Foreigners pour $31 billion into EM portfolios in August, with Fed in sight -IIF

Foreign investors injected $30.9 billion into emerging market stocks and debt in August, anticipating a U.S. Federal Reserve rate cut. The majority of inflows went to fixed income funds ex-China, reflecting a positive outlook on emerging markets.

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