Introducing the “Emerging Money Global EM Index” (EMEGI)
If you were one of the top 30-40 global multinational big cap companies who consider the world to be your customer base, you had a great year in 2013 and your stock most likely did very well.
I just got back from a week in the islands and tried to escape the chorus of emerging market bears. It’s been a nasty week and emerging markets has been near the top of the loser board, but the reach of journalists and voices of marginal observers of emerging markets found its way to me on a quiet beach in the Caribbean.
Last week, Emerging Market Equity Fund Flows were down for the 4th straight week with the largest outflows seen since the August 2011 bloodbath.
The charts tell you what you need to know about asset flows, quantitative easing (QE), and the impact on emerging markets.