Data published by the Institute of International Finance showed foreign investors pumped nearly $10 billion into emerging market portfolios in April.
According to the data, net inflows rose for the fourth consecutive month, reaching $7.7 billion in emerging market bonds and $2.1 billion in equities in April. This brings the total to $9.8 billion compared to $9.1 billion in March and $7.6 billion in outflows in April 2022.
Inflows into Asian markets were the highest at $5.2 billion, even as China recorded $1 billion in bond outflows and $3.8 billion in equities.
Source (Alkhaleej Emirate Newspaper, Edited)
