Zonebourse · Mention Original title: Les flux vers les portefeuilles des marchés émergents chutent à 26 milliards de dollars, leur plus bas niveau depuis mai, selon l'IIF
Portfolio inflows to emerging markets slowed in September 2025 as investors withdrew from Chinese assets while continuing to buy debt elsewhere. Reuters quotes Jonathan Fortun on the increasingly selective nature of these flows: fragile global conditions and geopolitical risks leave demand concentrated in particular markets and dependent on economic conditions.
Jonathan Fortun / Institute of International Finance
Debt inflows kept emerging market portfolio investment positive in September despite renewed equity withdrawals. The October tracker records $26.2 billion in net inflows, combining $31.1 billion entering debt with $4.9 billion leaving equities. China outflows and valuation constraints signal vulnerabilities beneath the relative stability of aggregate debt demand.
Fortun describes emerging-market inflows as increasingly concentrated and dependent on conditions, with Latin America holding up better than Asia and Eastern Europe.
Marcello Estevão · Candice Reddy · Jonathan Fortun / Institute of International Finance
Sub Saharan Africa faces a changing financing landscape as trade tensions intensify and traditional donors reduce aid. Investment from China, India, Gulf countries and African investors opens new possibilities in minerals, renewable energy and digital infrastructure. Realizing those gains depends on governance, regional integration and credible fiscal policies that can attract lasting capital amid greater volatility.