国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

   

Investment flees China equity funds after hot 2006

(Reuters)
Updated: 2007-04-26 09:03

NEW YORK - Weeks before the Shanghai stock market plunge in February sparked a global sell-off, investors began pulling what now amounts to about US$2.6 billion from China-related equity funds, a research firm said.

Most markets have since recovered, but investment continues to flee China and related regions, which in 2006 captured half the US$24 billion invested in emerging market equity funds, said Brad Durham, co-founder Emerging Portfolio Fund Research.

"The flows have definitely fallen off from the China funds in recent weeks and recent months, precipitated by the sell-off in February and March," Durham said in an interview this week.

The week ending Feb. 7 marked the first weekly period in a long time that money flowed out of China funds and funds called Greater China, which includes money invested in Hong Kong, Taiwan and Chinese mainland, Durham said.

From Feb. 7 through April 18, the latest week data is available, about US$1.63 billion left China funds and US$934 million left Greater China funds, he said.

The shift in sentiment is remarkable because China was a hot story in 2006, with China region funds returning almost 27 percent, better than any other asset class or investment objective, according to Lipper, a unit of Reuters Group Plc.

China region funds are up 6.89 percent this year as of April 19, Lipper said. But many other investment objectives have done better, led by utilities, which are up 11.49 percent and followed by Latin American funds, up 11.37 percent.

The BRIC markets of Brazil, Russia, India and China -- another popular investment theme last year -- all have seen outflows from equity funds dedicated to those countries in recent weeks and months, Durham said.

Where the money has gone is unclear, but Malaysia and Singapore have seen large inflows in recent months, he said. Almost US$2.4 billion has flowed into Malaysian funds in the past five months, and US$1.53 billion into Singapore funds during the past six months, he said.

"Those are two markets where we've seen a very sharp inflow pattern in recent months," he said.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
固阳县| 太湖县| 肃北| 宽甸| 会东县| 渝北区| 苏尼特左旗| 南通市| 乌鲁木齐市| 水城县| 汶上县| 台中市| 乐清市| 黎平县| 徐水县| 虞城县| 吉木萨尔县| 齐河县| 罗平县| 成安县| 缙云县| 蒙山县| 山丹县| 卢龙县| 洪泽县| 柘荣县| 咸丰县| 扎囊县| 微博| 保德县| 高邮市| 周口市| 蓬安县| 康乐县| 碌曲县| 洛川县| 探索| 阿鲁科尔沁旗| 长葛市| 莱芜市| 汝州市|