Emerging Market ETFs Surge $2.72 Billion, Turn Positive for Year
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Investors added $2.72 billion to U.S. exchange-traded funds that buy emerging-market stocks and bonds, the most in almost two years, as inflows turned positive for the first time in 2016.
Deposits into ETFs that invest across developing nations as well as those that target specific countries during the week ended March 18 compared with $1.67 billion added in the previous period and were the highest since reaching $3.37 billion at the start of April 2014, according to data compiled by Bloomberg. So far this year, the funds increased by $1.36 billion.