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Investors poured $235 billion into emerging stocks, bonds in 2017: IIF

Reuters  |  LONDON 

By Marc JonesLONDON (Reuters) - Foreign investors poured $235 billion into emerging markets as they rallied strongly last year, allowing developing countries to add more than $130 billion to their hard-currency reserves, the Institute of International Finance said on Monday.The $235 billion "portfolio flow" figure was the best in three years and roughly a third higher than the $152 billion seen in 2016, the IIF data showed.Emerging market debt was the clear favourite, attracting more than $170 billion of the total foreign capital inflow, versus $99 billion in 2016. Asia was the top pick ...

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First Published: Mon, January 08 2018. 23:39 IST