FOREIGNERS PILE $29 BLN INTO EM PORTFOLIOS IN DECEMBER, $179 BLN IN 2023
Foreigners added a net $29 billion into emerging market debt and equity portfolios in December enticed by a view that the U.S. Federal Reserve will soon ease monetary policy, taking the 2023 estimated net inflow near $179 billion, the Institute of International Finance said on Thursday.
The overall December figure compares to an inflow of $41.1 billion in November and outflows of $5 billion in December 2022. Yearly estimates show a net $82.2 billion outflow from China portfolios, while EM ex-China saw $261.1 billion in net non-resident portfolio inflows.
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