Emerging stock ETFs see most inflows in October as investors look to take advantage of poor performance

TrackInsight data

Emerging stock ETFs saw the largest inflows across all asset classes last month as investors sought to exploit the poor performance seen in the asset class so far this year.

According to data from TrackInsight, emerging stock ETFs posted inflows of €5.5bn, the most across all asset classes and building on the €2.1bn inflows seen in September. Emerging markets have struggled so far this year amid escalating trade tensions between the US and China and idiosyncratic risks in Turkey and Argentina. According to FE, the asset class has underperformed the rest of the world with the MSCI Emerging Markets index falling 10.8% in sterling terms in the year to 31 October 2018, versus a rise of 7.4% for the S&P 500 and 3.4% for the MSCI World, according to FE. 'US ...