EM funds fret worse outflows and forced selling is to come

By Francesca Young
10 Mar 2020

With EM bond funds already seeing outflows, many fund managers are frantically trying to raise cash in preparation for what the next week may hold with investors gripped by the “disastrous” performance numbers generated over the last few days.

“What I’m mostly worried about right now is that when people see the performance of EM funds over the last few days there’s going to be a knee-jerk reaction to get out of there and we’re going to see redemptions and forced selling,” said one fund manager based ...

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