Institute of International Finance November 11, 2025

IIF Capital Flows Tracker: November 2025

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About this work

Equities played a larger role in October’s modest recovery in emerging market portfolio inflows. The November tracker puts the total at $26.9 billion, with $12.9 billion entering equities as debt inflows slowed to $14 billion. China showed a smaller version of that divergence: equity flows edged upward while debt flows weakened.

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Jonathan Fortun (2025). IIF Capital Flows Tracker: November 2025. Institute of International Finance.