Funds Flow into EM Bonds

In the week ended March 30, EM bonds saw inflows of $441m, EPFR Global says, adding that this is an 11-week high. “Flows into EM bond funds continue to favor funds with local currency mandates and, from a geographic perspective, those with an Asian focus,” EPFR says. Performance was also positive, with the funds gaining 1.02% in the week ended March 31, and 1.54% so far this year, according to Lipper.