About this work
April 2024 saw $8.2 billion in net portfolio inflows to emerging markets. Debt attracted $12.1 billion, offsetting equity withdrawals of $3.9 billion, including $0.6 billion from Chinese stocks. The positive aggregate therefore reflected bond demand rather than a recovery shared by both major asset classes.
Abstract
April 2024 saw $8.2 billion in net portfolio inflows to emerging markets. Debt attracted $12.1 billion, offsetting equity withdrawals of $3.9 billion, including $0.6 billion from Chinese stocks. The positive aggregate therefore reflected bond demand rather than a recovery shared by both major asset classes.
Cite this work
Jonathan Fortun (2024). IIF Capital Flows Tracker: May 2024. Institute of International Finance.