Weekly Fund Flow data is out there is some unsurprising results from the top and bottom of the leader board.
The rich get richer and the poor get poorer. I’m not sure not sure you can expect this to change anytime soon. Fund flows into EM last week broke a three week downtrend with new inflows.
With all the horror headlines from the euro zone, from riots in Greece to whether Spanish banks will actually receive €100 billion in bailout money, who is benefiting? It’s an ill wind that blows no man any good, in free markets as in life. (Hint: emerging markets).
Wednesday’s best web covers Brazilian aid and influence in Africa, new mining laws in the Philippines, rare earth mining in China, surging global food prices, and Chinese secrets getting out.
It is putting it mildly to say the ETF space is getting more robust every day. The most recent iShares Exchange Traded Funds Performance Report is 20 pages long and contains I don’t know how many ETFs.
A dirty secret of many ‘global’ funds is that they’re really the MSCI EAFE with some lip service paid to China, India and other markets that are generating the lion’s share of the world’s economic growth. Can you build a better portfolio on your own?
A look at the top-performing emerging markets of the year so far reveals plenty of familiar names to Emerging Money readers, but one country — the Philippines — that doesn’t get much coverage.