GEM Funds Witnessed Second Weekly Outflow: UBSMani
Aided by A-share ETFs, aggregate GEM funds saw outflows of $2.15 billion for the week ending June 17th, marking a second straight weekly outflow, notes a report from UBS.
Howard Park and Geoff Dennis of UBS in their June 19, 2015 research report titled: “More Heavy Selling in China Drives GEM Outflows”, point out that outflows continue for both GEM ETFs and LO funds.
A-share ETFs dominate outflows
According to the UBS report, despite reporting outflows of $2.15 . . .
This content is exclusively for paying members. Sign up here
If you are subscribed and having an account error please clear cache and cookies if that does not work email email@example.com or click chat