Time for a reality check

By Rita Raagas De Ramos | 29 June 2009
Keywords: epfr
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Investors pull back from emerging market funds and reassess whether there is truly cause to be optimistic on the global economic front.

Investors are starting to question whether taking a more positive outlook on the potential for global economic recovery will end up hurting them, as an extremely bullish nothing-can-go-wrong attitude did pre-crisis.

A run that began in early March ended for emerging markets funds tracked by EPFR Global during the week ending June 24 as investors pulled a net $1.87 billion out of Asia ex-Japan, Latin America , Europe, Middle East and Africa (EMEA) and diversified global emerging markets equity funds.

Doubts about the timing of a recovery in the global economy also hurt ...

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AsianInvestor
March 2010