EMERGING MARKETS - Flows into Asia ex-Japan equity funds were at their highest levels since 1996 during the first half of October. Funds netted some $359.8m in the week ending October 15, according Massachusetts-based to EmergingPortfolio.com Fund Research (EPFR). Combined with the previous week's $342.8m of inflows, October is on track to break records for monthly inflows into the asset class.
Asia stock funds have, year to date, received total inflows of $2.7bn. This is more than three times the $782m of net contributions in all of 2002. Taiwan, Korea, China and India have been the m...
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