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Author: TMFCogitarius Big gold star, 5000 posts Old School Fool Home Fool Global Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 448  
Subject: Emerging market funds lost $26 billion YTD Date: 11/25/2011 12:39 PM
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'Funds investing in developing-nation stocks withdrew $2.7 billion this week, Citigroup analysts led by Markus Rosgen wrote in a report today, citing data compiled by EPFR Global. South Korea had the most outflows in the Asia-excluding-Japan region during the week, according to the report.'

'Outflows from developing-nation bond funds were $205 million in the same week, according to Barclays Capital, citing data from EPFR Global. Local-currency bonds had the most redemptions at $220 million, after outflows of $164 million in the prior week.

Investors pulled $26 billion from emerging-market mutual funds in the first nine months of 2011, and stocks sank about twice as much as advanced nations after Indonesia, India, Poland and Brazil raised interest rates.'
http://www.businessweek.com/news/2011-11-25/emerging-stock-f...
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