You are here: Home » Markets » News
Business Standard

Emerging market ETFs rise for 15th straight week in $26.4-billion run

Inflows into ETFs that invest in India stood at $120 million, up 25% over the previous week

Topics
emerging market | ETFs | exchange traded funds

Bloomberg 

funds, investment, investors, stocks, market, economy, FPI, FDI, ETF

Investors added money to exchange-traded funds (ETFs) that buy stocks and bonds last week. This was the 15th straight week of inflows.

Total inflows during this period were $26.4 billion. Inflows to US-listed that invest across developing nations, as well as those that target specific countries totalled $885 million in the week ended February 12, compared with gains of $1.29 billion in the previous week, according to the data compiled by Bloomberg.

chart

So far this year, inflows have totalled $9.44 billion. Inflows into that invest in India stood at $120 million, up 25% over the previous week.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, February 17 2021. 00:50 IST
RECOMMENDED FOR YOU
.