Massive inflows to emerging market funds

Emerging market equity funds posted net inflows of $41 billion in the first 10 months of this year, mainly at the expense of US, European and Japan portfolios that have been considered more vulnerable to the credit crisis in the US, according to data provider EPFR Global.The net inflows for emerging market funds were registered from July onwards, after the fallout from the US subprime mortage crisis. Prior to that emerging market funds were experiencing net outflows.US, Europe and Jap…