CNN Brasil published this Portuguese article on 2022-07-06. It mentions Jonathan Fortun in an IIF economics context. Read the original source for the complete reporting.
Jonathan Fortun / Institute of International Finance
June 2022 brought $4.0 billion in net portfolio outflows from emerging markets in Jonathan Fortun’s July tracker. Equity outflows of $10.5 billion outweighed debt inflows of $6.6 billion. Chinese equities nevertheless attracted $9.1 billion, highlighting a contrast between China’s inflows and the broader equity retreat.
Robin Brooks · Jonathan Fortun · Jonathan Pingle / Institute of International Finance
Rising sovereign spreads complicated the ECB’s planned monetary tightening in June 2022. Robin Brooks, Jonathan Fortun and Jonathan Pingle examine why a firm ceiling on peripheral borrowing spreads could imply unlimited bond purchases and conflict with constraints on monetary financing. They frame the challenge as containing debt market fragmentation without creating an open commitment to finance governments.
Jonathan Fortun / Institute of International Finance
Emerging market portfolios recorded $4.9 billion in outflows in May 2022. Jonathan Fortun’s June tracker separates $3.4 billion withdrawn from equities and $1.5 billion from debt. China’s equities attracted $2.7 billion despite the broader retreat, highlighting the uneven geographic pattern behind the aggregate loss.
Fortun attributes pressure on emerging-market portfolio flows to fears of recession, inflation, tighter monetary conditions and geopolitical risk. Reuters separates renewed Chinese inflows from withdrawals elsewhere in the third consecutive month of net selling.