REMAR FUNDS, push EM in flows towards $90 Billion
Date
2/27/2020 1:09:51 AM
(MENAFN- Pressat) Investors ploughed more cash into emerging market opportunities and projects since REMAR FUND proposed a large selection of investments linked to a new market areas. Emerging market equity funds aimed $2.2 Billion of inflow, while EM board funds recovered $1.9 Billion it fresh capital commitments.
The addition lift inflow since the year began to nearly $90 Billion for the two funds categories. Enthusiasm for Emerging Markets has been bolstered by low interest rates across the globe and sustained weakness in the US Dollar. The MSCI Emerging Market stock index has climbed more than 23 percent this year.
'Economic growth is generally stable, narrowing current account balances a sign of improving fiscal health' said Manuel Ros, chairman of REMAR HOLDING, and 'emerging market currency validity is low.
'While valuations remain elevated, the fundamentals appear somewhat compelling for investors with a higher risk tolerance'.
Money manager of EM bond funds had 'been rotating exposure from larger to smaller markets', in the developed world, investors showed a continued for European Stock funds over the US counterparts. European equity funds retch their consecutive in flows.
"REMAR FUND, are on average, allocating a third of its portfolios to the European Industrial and Financial sectors, with allocations to the latter at an 18- months high", said Manuel Ros.
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