Emerging market equity funds post record inflows
Net inflows to emerging market equity funds totalled $26.5 billion in the second quarter of 2009, surpassing the previous record in the fourth quarter of 2007.
A pull back from emerging market equity funds two weeks ago wasn't enough to make a dent on the overall inflows to these portfolios recorded during the second quarter. Emerging market equity funds absorbed net inflows of $26.5 billion between April and June of 2009. That surpasses the previous record of $22.4 billion in net inflows in the fourth quarter of 2007.
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